SSC Economics Sample Paper NCERT Sample Paper-2

  • question_answer
    SEZ is a pet project of:

    A) Ministry of Agriculture

    B) Ministry of Urban Development

    C) Ministry of Commerce and Industry

    D) Ministry of Rural Development

    Correct Answer: C

    Solution :

    A special economic zone (SEZ) is a geographical-region that is designed to export goods and provide employment. SEZs may be exempt from laws regarding taxes, quotas. Foreign Direct Investment (FDI)-bans, labour laws and other restrictive laws in order to make the goods manufactured in the SEZ at a globally competitive price.

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