Defence Acquisition Council

Recently, the Defence Acquisition Council (DAC) has approved the procurement of weapons and equipment worth Rs. 22,800 crore. Consider the following statements about the Defence Acquisition Council (DAC):

  1. The DAC is Defence Ministry’s highest decision making body for capital acquisition proposals forwarded by the Indian armed forces.
  2. It is responsible to give policy guidelines to acquisitions, based on long-term procurement plans.
  3. It also clears all acquisitions, which includes both imported and those produced indigenously or under a foreign license.

Choose the correct answer from the codes given below:

1 and 2
2 and 3
1 and 3
1, 2 and 3