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      Question

      Which of the following is considered an "existing Unit"

      under the SEZ Act?
      A Any unit set up after the commencement of the Act Correct Answer Incorrect Answer
      B Any unit set up before the commencement of the Act in an SEZ Correct Answer Incorrect Answer
      C Only offshore banking units Correct Answer Incorrect Answer
      D Only government-owned units Correct Answer Incorrect Answer
      E Units in the Domestic Tariff Area Correct Answer Incorrect Answer

      Solution

      Explanation: "Existing Unit" means every Unit which has been set up on or before commencement of the Act in an existing Special Economic Zone.  

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