The Special Economic Zones Policy in India was launched in _____.
Show answer & explanation
Correct answer: A
Explanation
Correct Answer:
Option 1: 2000
Explanation:
India’s SEZ policy was launched in 2000 to boost exports, attract foreign investment, and promote industrial growth. SEZs provide tax benefits, easy regulations, and infrastructure support. The SEZ Act was passed in 2005 and implemented in 2006.
Additional Facts:
Option 2: 2013 is incorrect.
Option 3: 2016 is incorrect.
Option 4: 2019 is incorrect.
Probable Exam Questions:
Q: SEZ Act implemented in?
A: 2006
Q: Objective of SEZ?
A: Promote exports
Q: Economic reforms in India started in?
A: 1991
Q: Full form of FDI?
A: Foreign Direct Investment