|Special Economic Zone (SEZ) is a geographical region that has economic laws different from a countries 'typical economic lanes'. Consider the following statements about the objective of SEZs.|
|1. Promotion of exports of goods and services.|
|2. Promotion of investment exclusively for domestic sources.|
|3. Creation of employment opportunities.|
|4. Development of infrastructure facilities.|
|Select the correct answer using the codes given below.|
A) 1, 2 and 3
B) 1, 3 and 4
C) 2, 3 sad 4
D) (d) All of these
Correct Answer: B
Solution :[b] SEZ policy in India first came into inception on 1st April, 2000. The prime objective was to enhance foreign investment. So, Statement 2 is wrong. It also aims to provide an international competitive and hassle free environment for exports of goods and services. All other options are true.
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