Question
'Special Economic Zone (SEZ) increases foreign investment'. Explain.

Answer

A Special Economic Zone (SEZ) is a geographical region that has economic laws different from a country's typical economic laws. Usually, the goal is to increase foreign investment.
Special Economic Zones attract investors since they offer high quality infrastructure facilities and support services. Besides allowing duty free import of capital goods and raw materials, attractive fiscal incentives and simpler customs, banking and other procedures are offered in such zones.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Read this excerpt of a news item from a daily newspaper describing something that is now becoming increasingly common.
"On a morning, a few minutes before 7A.M., Greeshma sat in front of her computer with her headset on and said in accented English 'Hello, Daniella'. Second later, she gets the reply, 'Hello, Greeshma'. The two chatted excitedly before Greeshma said that we will work on pronouns today'. Nothing unusual about this that except that Greeshma, 22, was in Kochi and her student Daniella, 13, was at her home in Malibu, California. Using a simulated whiteboard on their computers, connected by the Internet, and a copy of Daniella's textbook in front of Greeshma, she guides the teenager through the intricacies of nouns, adjectives and verbs. Greeshma, who grew up speaking Malayalam, was teaching Daniella English grammar, comprehension and writing." 
  1. How has this become possible? Why can't Daniella get lessons in her own country? Why is she getting English lessons from India, where English is not the mother tongue? 
  2. India is benefitting from liberalisation and integration of world markets. Do you agree?
Is expenditure on migration a source of human capital formation? Give reasons in support of your answer.
Why is India's import dependence on crude and petroleum products a negative feature of our energy sector?
'Subsidies provide an incentive for wasteful use of resources'. Comment.
How were the industries regulated in India before 1991?
Give suggestions to improve the profitability of electricity producing companies.
How did government promote regional equality in industrial development?
Enumerate the areas in which Pakistan has an edge over India.
What will happen if there is no additional employment generated in the economy even though economy is able to produce goods and services in the economy? How will jobless growth happen?
Explain the two components of infrastructure.