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Question
To attract foreign investments, the Central and State Government in India have set up SEZs, which stands for________________.
To attract foreign investments, the Central and State Government in India have set up SEZs, which stands for________________.
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Solution
The correct option is A Special Economic Zones
1:In recent years, the central and state governments in India are taking special steps to attract foreign companies to invest in India. Industrial zones, called Special Economic Zones (SEZs), are being set up. 2:SEZs are to have world-class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.
3:Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years
1:In recent years, the central and state governments in India are taking special steps to attract foreign companies to invest in India. Industrial zones, called Special Economic Zones (SEZs), are being set up.
2:SEZs are to have world-class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.
3:Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years
3:Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years
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