Who is eligible to propose the establishment of a

Q: Answer-Who is eligible to propose the establishment of a Special Economic Zone under the SEZ Act?

Explanation Section 31 of the Act states that a SEZ may be established by the Central Government, State Government, or any person, either jointly or severally, for manufacturing or services or both, or as a Free Trade and Warehousing Zone.

Special Economic Zone under the SEZ Act?

A Only the Central Government Correct Answer Incorrect Answer

B Only the State Government Correct Answer Incorrect Answer

C Both Central Government, State Government, and any person Correct Answer Incorrect Answer

D Only foreign investors Correct Answer Incorrect Answer

E Only public sector enterprises Correct Answer Incorrect Answer

Solution

Explanation: Section 3(1) of the Act states that a SEZ may be established by the Central Government, State Government, or any person, either jointly or severally, for manufacturing or services or both, or as a Free Trade and Warehousing Zone.

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