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Yogesh Kenjale

· started a discussion

· 1 Months ago

discrepancy in solution (Question: 190707.0 )

Objective of SEZ is written as to promote export of goods and services. Then how can answer c is correct which says Production in SEZ is done for local consumption only

Question:

How do SEZs help in the growth of the Indian Economy?

Options:
A)

SEZs attract significant foreign direct investment from overseas and MNCs

B)

SEZs give a far better price for land to the farmers and others who sell their land for the same

C)

Production in SEZs is done for local consumption only and is supposed to tame inflation in the country

D)

Banks in India are allowed to give loans to SEZs liberally as the interest rate on such loans is decided to be 5% higher than the normal interest rates

E)

All of these

Solution:

The objectives of SEZs: (a) generation of additional economic activity (b) promotion of exports of goods and services; (c) promotion of Investment from domestic and foreign sources; (d) creation of employment opportunities: (e) development of infrastructure facilities.

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