BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Generation of additional economic activity
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Promotion of exports of goods and services
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Promotion of investment from domestic and foreign sources
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All of the above
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Detailed explanation-1: -The main objectives of the SEZ Act are: generation of additional economic activity. promotion of exports of goods and services. promotion of investment from domestic and foreign sources.
Detailed explanation-2: -The main objectives of the SEZ Scheme is generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities along with the development of infrastructure facilities.
Detailed explanation-3: -To encourage the export of goods and services. To provide employment. To boost domestic and foreign investments.
Detailed explanation-4: -Industrial zones, called Special Economic Zones (SEZ) are set up by the Central and State governments in India to attract foreign investment. 1. These zones provide world-class facilities including electricity, water, roads, transport, storage and recreational and educational facilities.