Question Details

Detailed explanation and options for the selected question.

What is the primary purpose of Special Economic Zones (SEZs)?

A. To increase import duties
B. To promote exports by providing tax incentives
C. To encourage small-scale industries
D. To regulate labor laws

Explanation:

SEZs are established to promote exports through tax incentives and better infrastructure. They are not intended to increase import duties or regulate labor laws.

Related Topics

Renewable Energy and Green Transition

Revision Notes

Labour Codes and Workforce Formalization

Revision Notes

Five-Year Plans and Transition to New Planning Framework

Revision Notes

Agricultural Marketing and Supply Chain

Revision Notes

Digital Rupee and Central Bank Digital Currency (CBDC)

Revision Notes

Gig Workers and Social Security Frameworks

Revision Notes

Doubling Farmers’ Income

Revision Notes

Coastal Economic Zones and Maritime Trade

Revision Notes

Farmer Producer Organizations (FPOs)

Revision Notes

Role of Innovation, Sustainability, and Global Integration

Revision Notes