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Quiz on Special Economic Zones (SEZ) in India


Quiz on Special Economic Zones (SEZ) in India

GK Quiz on Special Economic Zones (SEZ) in India

Take the GK Quiz on Special Economic Zones or Export Processing Zones in India. The topics would be helpful in various competitive exams like UPSC, SSC, NDA, NA etc.

GK Quiz on Special Economic Zones

Take the following GK Quiz based on the Special Economic Zones (SEZ) in India. India was among the first countries to recognize the Export processing Zones model in promoting exports. Solve the questions below.


Que.1). Which was the first EPZ of Asia?

a). Kandla

b). Kolkata

c). Chennai

d). Kochi

Ans. a

Que.2). How many Central Government SEZ are there in the country?

a). 7

b). 6

c). 5

d). 11

Ans. a

Que.3). Which of the following is one of the Central Government SEZ?

a). Falta

b). Kochi

c). Noida

d). Chittoor

Ans. d

Que.4). How many State SEZ prior to SEZ Act 2005, are there in India?

a). 11

b). 15

c). 7

d). 21

Ans. a

Que.5). Which state has the maximum number of SEZ?

a). Telangana

b). Tamil Nadu

c). Karnataka

d). Uttar Pradesh

Ans. a

Que.6). Which of the following statements is true about SEZ?

i) There is duty free import of raw materials for production

ii) 100% IT exemption on export income is given for first 5 years in SEZ units

a). Only i

b). Only ii

c). Both i and ii

d). None of the above

Ans. c

Que.7). Which of the following are one of the objectives of SEZ?

a). Generation of economic activity

b). Promotion of export of services

c). Investment from Foreign sources

d). All of the above

Ans. d

Que.8). Which committee was constituted by the Ministry of Commerce to study the existing SEZ policy?

a). Baba Kalyani committee

b). Panchi committee

c). Ranganathan Committee

d). None of the above

Ans. a

Que.9). How much can SEZ units borrow externally in one year without maturity restriction?

a). $ 100 million

b). $ 200 million

c). $ 500 million

d). $ 600 million

Ans. c

Que.10). About 64% of the SEZs are located in five states of India. Which of the following is not one of them?

a). Tamil Nadu

b). Andhra Pradesh

c). Maharashtra

d). Madhya Pradesh

Ans. d

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