Economics · Economy
With reference to Special Economic Zones (SEZs), consider the following statements: 1. It refers to a specially demarcated territory with tax holidays and exemptions from duties for export and import. 2. A major objective of setting up an SEZ is to attract Foreign Direct Investment and earn foreign exchange. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 32 only
- 41 only
Correct answer
Both 1 and 2
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