Which of the Following Is Not a Special Economic Zone

They do not have to pay taxes for long period. Government has allowed flexibility in labor laws.

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Which one of the following is not a characteristic of Special Economic Zone.

. Around 800 suggestions were received on the draft rules. Which of the following is NOT a Special Economic Zone. The business and trade laws including no taxes on trade of a.

MCQ Of Chapter 4 Economics Class 10 Question 10. A Special Economic Zone or SEZ is a specially marked territory or enclave within the national borders of a country that has more liberal economic laws than the rest of the country. Without Special Economic zones the economy of china can not grow up so rapidly these years.

A special economic zone helps create opportunities for economic growth. B Government has allowed flexibility in labour laws. They do not have to pay taxes for an initial period of five years.

The Special Economic Zones Act 2005 was passed by Parliament in May 2005 which received Presidential assent on the 23rd of June 2005. In 1980 the fifth session of the standing committee of the National Peoples Congress approved the decision of setting up special economic zones in Guangdong province Shenzhen Zhuhai Shantou and Fujian Xiamen. A special economic zone helps create jobs in the geographic area in which it is located.

A Shenzhen b Hainan Island c Xiamen d HK e Shantou. Select the correct answer below. To encourage businesses to set up in the zone financial policies are.

They have world class facilities. With the special economic zone Kashgar. Xiamen Question 7 of 25 40 40 Points Which climate type do high elevations in Himalaya mountain range resemble.

AI 2012 a They do not have to pay taxes for long period. This act shall be known and cited as The Special Economic Zone Act of 1995 SEC. Question 6 of 25 40 40 Points Which of the following is not a Special Economic Zone.

D They do not have to pay taxes for an initial period of five years. Some are designated geographical spaces where special policies and measures support specific economic functions. Although the performance of many zones remains below expectations failing either to.

Which one of the following is not characteristic of Special Economic Zone. Usually the goal is to increase foreign investments. The State Governments have been requested to simplify the proceduresreturns and for introduction of a single window clearance mechanism by delegating appropriate powers to Development Commissioners of SEZs.

They do not have to pay taxes for a long period. They do not have to pay taxes for a long period. They have world class facilities.

Which one of the following is not a characteristic of Special Economic Zone. Question 10 of 25 Which of the following is not a Special Economic Zone. A They do not have to pay taxes for long period.

Hinese Special Economic Zones SEZs vary in scope and function. They have world class facilities. Know more about SEZs in India through this article.

This is a very important topic that features in the Indian Economy section of the UPSC syllabus. Others include free-trade areas industry parks technical innovation parks and bonded zones that facilitate experimentation and innovation over a wide range of industries. A special economic zone is an area in which the business and trade laws are different from the rest of the country.

In order words SEZ is a geographical region that has economic laws different from a countrys typical economic laws. Which one of the following is not characteristic ofSpecial Economic Zone. Special Economic Zone as per Central Sales Tax 1956 -- A Special Economic Zone SEZ is a geographically bound zone where the economic laws relating to export and import are more liberal as compared to other parts of the country.

D They do not have to pay taxes for an initial period of five years. Special Economic Zone SEZ is a specifically delineated duty-free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs. B Government has allowed flexibility in labour laws.

C They have world-class facilities. SEZs are located within a countrys national borders and their aims include increasing trade balance employment increased investment job creation and effective administration. 1 Shenzhen 2 Hainan Island 3 Xiamen 4 Hong Kong 5 Shantou.

These are like a separate island within the territory of India. A The State recognizes the indispensible role of the. Which of the following are true statements about the benefits of a special economic zone.

Which of the following is NOT a Special Economic Zone. Which one of the following is not characteristic ofSpecial Economic Zone. C They have world class facilities.

Correct option is B Normal labour laws are applicable to SEZs which are enforced by the respective State Governments. Question 11 of 25 Unlike the United States and Western Europe Japan has not made up for declining population growth by increasing ______. A special economic zone is a designated area in a country that is subject to unique economic regulations that differ from other areas in the same country.

The draft SEZ Rules were widely discussed and put on the website of the Department of Commerce offering suggestionscomments. Special economic zones SEZs geographically delimited areas within which governments facilitate industrial activity through fiscal and regulatory incentives and infrastructure support are widely used across most developing and many developed economies. An entrepreneur is a person who has been granted a letter of approval by the Dev.

It is the declared policy of the government to translate into practical realities the following State policies and mandates in the 1987 Constitution namely. Government has allowed flexibility in labour laws. The unit in Special Economic Zone begins to manufacture or produce articles or things or provide services during the financial year 2005-06 or any subsequent year.

Government has allowed flexibility in labour laws. They do not have to pay taxes for an initial period of five yearsAll India - 2012. Commissioner to set up a unit in a Special Economic Zone.

They do not have to pay taxes for long period. They do not have to pay taxes for an initial period of five years.

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