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The term SEZ ...

Question

The term SEZ stands for _________.

A

Special Economic Zone

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B

Special Export Zone

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C

Spot Export Zone

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D

Surplus Export Zone

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Solution

The correct option is C Special Economic Zone
SEZ stands for Special Economic Zone. Government provides a lot of subsidies and facilities to the firms of these areas in order to uplift the standard of economic conditions of those people living in these areas.

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