Question

Very often we read about Special economic Zones (SEZs) in newspapers. What is the purpose of promoting SEZs in lndia?
A. They are established to promote exports.
B. They are established to attract investments from foreign countries.
C. They are established to help the poorest of the poor in India as the activities of these zones are reserved only for the poors and those living below poverty line.

• A. Only (A)
• B. Only (B)
• C. Only (C)
• D. Both (A) and (B) only

Answer 1

Answer: (D)

Both (A) and (B) only

Special economic zones refer to those zones where some different trade laws are applicable. It is established mainly to promote well-balanced trade across the country. Purpose of promoting Special economic zones are:A. They are established to promote exports.
B. They are established to attract investments from foreign countries.