Special Economic Zones Are - Current Affairs Including General Knowledge

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MCQ

Special Economic zones are

Options

  • the places where industries can operate without any control

  • the places wherein any person can start any industry

  • the places where industries get certain tax advantages

  • the places wherein the national labour laws do not apply

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Solution

Special Economic zones are the places where industries get certain tax advantages

Explanation:

A special economic zone (SEZ) is an area in which business and trade laws differ from the rest of the country. SEZs are located within a country's national borders, and their aims include increased trade,  increased investment, job creation, and effective administration.

Concept: Economic Current Affair (Entrance Exam)
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