Special Economic Zones — MCQ Practice
Interactive MCQ Practice
Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.
Which of the following statements about Special Economic Zones (SEZs) in India is/are correct? 1. The SEZ Act was enacted in 2005 to provide a statutory framework for SEZs. 2. SEZ units are treated as foreign territory for trade operations, duties, and tariffs. 3. The minimum area requirement for a multi-product SEZ is 100 hectares. 4. Income tax exemptions under Section 10AA are still available for all new SEZ units.
Which of the following bodies is the apex authority for approving proposals for setting up Special Economic Zones (SEZs) in India?
Consider the following statements regarding the evolution of Special Economic Zones (SEZs) in India: 1. India's first Export Processing Zone (EPZ) was established in Kandla in 1965. 2. The SEZ policy was initially introduced in 2000 under the Foreign Trade Policy before the enactment of the SEZ Act. 3. The proposed DESH Bill aims to replace the SEZ Act, 2005, to broaden the scope beyond export-centric activities.
Which of the following is NOT a typical challenge faced by Special Economic Zones (SEZs) in India?
Consider the following statements about the governance of Special Economic Zones (SEZs) in India: 1. The Development Commissioner (DC) is the chief executive officer of an SEZ. 2. The Unit Approval Committee (UAC) is chaired by the Secretary, Department of Commerce. 3. State Governments play a crucial role in land acquisition and providing state-level infrastructure support for SEZs.