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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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