GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Special Economic Zones (SEZ) Act was passed by Parliament in____
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May, 2004
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May, 2005
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June, 2002
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June, 2004
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Explanation:
Detailed explanation-1: -After extensive consultations, the SEZ Act, 2005, supported by SEZ Rules, came into effect on 10th February, 2006, providing for drastic simplification of procedures and for single window clearance on matters relating to central as well as state governments.
Detailed explanation-2: -The SEZ Act 2005 is mainly divided into 7 different chapters and 3 schedules. Modifications To The Income-Tax Act, 1961.
There is 1 question to complete.