Loading...
Testwale Logo

FAQ

How long will it take for my account to be activated once the payment is made?

Once the payment is made, your account will be activated right away.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I reset my password?

For the users registered with their mobile number, follow the following steps for resetting your password: 1. You need to enter your mobile number on the log-in page. 2. Click "Forget Password", to get an OTP on your registered number. 3. Using the OTP received on your number, you can now reset your password.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I change the language of the article and quizzes?

We have a "Change Language" option in Test Series and Daily Quizzes. If you want the content (test and quiz) in Hindi/English language, go to Settings -> Change Language, to change your default language from Hindi to English or Vice-Versa.

I am unable to make payment for the pass.

In case of failure of a transaction before the amount deduction, we advise the student to try making the payment again. In case of transaction failure after amount deduction either access to the purchased product will be provided within few hours or we request the student to wait for 3 to 4 working days. The money will be credited back to his/her account.

I have made the payment but the tests are not unlocked.

Although rare, if so: You can directly mail us at [email protected] and we will resolve your issue.

What are all the payment methods allowed to buy a plan?

You can pay using: Credit Card/ Debit Card or Through: UPI and Netbanking.

What happens if I get disconnected during a test?

Don't worry! We auto-pause your test so, you can resume the test where you left. The test can also be manually paused by clicking on the "Pause" icon on the top left corner inside the timer circle. Please note: This function is not available in a Live Test.

What are the benefits of the subscription?

Here you will get access to test series and quizzes by top Educators. This will evaluate your learning and measure your progress.

  • Home
  • Current Affairs
  • DAILY CURRENT AFFAIRS:Six out of seven new defence companies reported profit during the first half of their business

Six out of seven new defence companies reported profit during the first half of their business

Tags: Defence

Six out of seven new defence companies, which were launched on October 15, 2021, have registered provisional profits during the first six months of their business, i.e., from October 1, 2021 to March 31, 2022.

Except YIL, rest of the companies reported profit:

  • Except Yantra India Limited (YIL), the remaining six companies – Munitions India Limited. (MIL), Armoured Vehicles Corporation Ltd. (Avni), Advanced Weapons and Equipment India Ltd. (AWE India), Troop Comforts Ltd. (TCL), India Optel Ltd. (IOL) and Gliders India Ltd. (GIL) has registered provisional profit.

Made possible with the help of the Central Government:

  • After being dedicated to the nation, the central government initially helped and supported the new defence companies, so that they could start their business like corporate entities.

  • The unfulfilled orders with the old OFB were rectified and converted into contracts, valued at Rs 70,776 crore.

  • In view of the target of FY 2021-22, Rs 7,765 crore was given to new defence companies, so that they make 60 percent preparation before starting business. Apart from this, Rs 2,765.95 crore was released to seven new companies during the current financial year for capital expenditure and equity.

  • In the first six months alone, these new companies did a business of over Rs 8,400 crore, which is significant in terms of the value of the old OFB during the last financial year.

Ordnance Factory Board, a subordinate department of the Ministry of Defence:

  • Taking a major decision on June 16, 2021, the Central Government had made major reforms in defence manufacturing, under which the Ordnance Factory Board was made a subordinate department of the Ministry of Defence.

  • The board was converted into seven centrally owned corporate entities so that it could be managed commercially.

Please Rate this article, so that we can improve the quality for you -

Search By Tags

Committee Festivals of India Russia-Ukraine Sports National Economy/Finance International Relations Government Schemes Popular Defence Books and Authors Science and Technology Summits Economics/Business Awards Person in news State News Important Days Sports News International News National News
serablock login_ch-testwale