Question : Which committee recommended the establishment of the Special Economic Zones (SEZs) in India?
Option 1: Rangarajan Committee
Option 2: Tarapore Committee
Option 3: Kelkar Committee
Option 4: Sachar Committee
Correct Answer: Rangarajan Committee
Solution : The correct answer is (a) Rangarajan Committee
The Rangarajan Committee was a committee of experts that was set up by the Government of India in 1991 to review the functioning of the Indian financial system. The committee recommended the establishment of SEZs as a way to attract foreign investment and promote exports. The first SEZs were notified in 1990, and the SEZ policy has been revised several times since then.
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