Economics · Trade and Industry
What is the primary objective of a 'Special Economic Zone' (SEZ) in India?
- 1To set up protected national parks and wildlife zones
- 2To establish government-exclusive heavy manufacturing factories
- 3To offer tax benefits and duty-free enclaves to promote exports✓
- 4To preserve historical monuments
Correct answer
To offer tax benefits and duty-free enclaves to promote exports
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