UPSC General Studies Sample Paper General Studies Sample Paper-4

  • question_answer
    Special Economic Zone (SEZ) is a geographical region that has economic laws different from a countries 'typical economic lanes'. Consider the following statements about the objective of SEZs.
    1. Promotion of exports of goods and services.
    2. Promotion of investment exclusively for domestic sources.
    3. Creation of employment opportunities.
    4. Development of infrastructure facilities.
    Select the correct answer using the codes given below.

    A)  1, 2 and 3                    

    B)  1, 3 and 4

    C)  2, 3 sad 4                    

    D) (d) All of these

    Correct Answer: B

    Solution :

    [b] SEZ policy in India first came into inception on 1st April, 2000. The prime objective was to enhance foreign investment. So, Statement 2 is wrong. It also aims to provide an international competitive and hassle free environment for exports of goods and services. All other options are true.

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