BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who can set up an SEZ?
A
Private sector
B
Public sector
C
State government
D
All of the above
Explanation: 

Detailed explanation-1: -Any individual, co-operative society, company or partnership firm can file an application for setting up of Special Economic Zone. The application is to be made in Form-A to the concerned State Government and the Board of Approval (BOA) in the Department of Commerce, Government of India.

Detailed explanation-2: -Copies of residential address proof (Passport/Ration Card/Voter ID/Driving Licence), PAN Card and IT returns (for last three years-along with annexures/computation sheet) in respect of all partners/Proprietor, as the case may be. Copy of Buy-back agreement/marketing tie up/orders received, if any.

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