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Question : In India, special economic zones were established to enhance:

Option 1: Free trade

Option 2: Foreign Investment

Option 3: Employment

Option 4: Technology Development


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Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: Foreign Investment


Solution : The correct answer is Foreign Investment.

In India Special Economic Zones are established under the The Special Economic Zones Act, 2005. The first Special Economic Zone in India is the Kandla Special Economic zone, which was set up in the year 1965. A SEZ is a geographical territory which provides duty free trade. Its main aim is to increase foreign investment and increasing ease of doing bussiness in India.

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