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  9. Q67

OPSC OCS 2019 · Question 67 of 99

Special Economic Zone (SEZ) has been created for the first time in the:

Economy

  1. AEXIM Policy, 2000Correct
  2. BEXIM Policy, 2005
  3. CIndustrial policy,1956
  4. DIndustrial policy, 1991

Answer: A. EXIM Policy, 2000

Explanation

April 1, 2000 The Special Economic Zone ( SEZ ) policy in India first came into inception on April 1, 2000. The prime objective was to enhance foreign investment and provide an internationally competitive and hassle-free environment for exports.

Source: OPSC OCS Prelims 2019 GS Paper-I; answers per hemunda.com unofficial key

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