Question

mcq 1 . special economic zones are being set up to attract : a. foreign good b. foreign investment
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Answer 1

Answer:

special economic zones

Explanation:

1:In recent years, the central and state governments in India are taking special steps to attract foreign companies to invest in India. Industrial zones, called Special Economic Zones (SEZs), are being set up.  

2:SEZs are to have world-class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.

3:Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years