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

Demographic Dividend and Labor Force

Revision Notes

Agricultural Reforms and Future Roadmap

Revision Notes

Labour Codes and Workforce Formalization

Revision Notes

Money Market and Capital Market

Revision Notes

Health Sector: Financing and Delivery

Revision Notes

Research & Development and Innovation

Revision Notes

Digital Governance Initiatives (eGovernance)

Revision Notes

Tourism and Hospitality Industry

Revision Notes

Informal Sector Challenges and Formalization

Revision Notes

World Trade Organization and Global Trade Regimes

Revision Notes