Answer-Special Economic Zones are

SEZs are designated areas in a country that have different economic regulations e.g., tax incentives, simplified customs procedures than other regions to attract foreign direct investment FDI and boost economic activity.

Question

Special Economic Zones are

A areas within a country where some of the economic laws are relaxed and incentives are given to investors to induce them to make more investment.

B specially developed regions in a country for the promotion of tourism.

C certain backward regions in a country which are to be developed by special economic policies.

D None of these

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Special Economic Zones are

Solution