What are Special Economic Zones (SEZs)? Write the characteristics of Special Economic Zones (SEZs) -Geography

What are Special Economic Zones (SEZs)? Write the characteristics of Special Economic Zones (SEZs) -Geography
by

1 Answer

Answer :

Special Economic Zone – Definition An SEZ is an enclave within a country that is typically duty-free and has different business and commercial laws chiefly to encourage investment and create employment.Apart from generating employment opportunities and promoting investment, SEZs are created also to better administer these areas, thereby increasing the ease of doing business.           SEZ Background An SEZ Policy was announced for the very first time in 2000 in order to overcome the obstacles businesses faced. There were multiple controls and many clearances to be obtained before starting a venture.Infrastructure facilities were shoddy and well below world standards in India.The fiscal regime was unstable as well.In order to attract huge foreign investments into the country, the government announced the Policy.The Parliament passed the Special Economic Zones Act in 2005 after many consultations and deliberations.The Act came into force along with the SEZ Rules in 2006.However, SEZs were operational in India from 2000 to 2006
by

Related questions

What are the Special Economic Zones (SEZs) ? -SST 10th

Description : What are the Special Economic Zones (SEZs) ? -SST 10th

Last Answer : SEZs or Special Economic Zones are industrial areas with world class facilities. (i) Companies who set-up units in SEZs are exempted from tax for 5 years. (ii) They are set-up to attract foreign investment.

Into how many zones is Indian Railway divided? -Geography

Description : Into how many zones is Indian Railway divided? -Geography

Last Answer : Railways are one of the principal modes of transport in India. They take the largest public undertaking in the country. Indian railways are now divided into 16 zones.

What is the main aim of Special Economic Zones (SEZ) developed by the Government of India ? -SST 10th

Description : What is the main aim of Special Economic Zones (SEZ) developed by the Government of India ? -SST 10th

Last Answer : To attract foreign companies to invest in India

Of the following land uses, which is restricted to Special Economic Zones ? (1) Educational Institutions (2) Free trade Centres (3) Marketing Centres (4) Information Technology Companies

Description : Of the following land uses, which is restricted to Special Economic Zones ? (1) Educational Institutions (2) Free trade Centres (3) Marketing Centres (4) Information Technology Companies

Last Answer : (2) Free trade Centres Explanation: The category Special economic zone includes free trade zones (FTZ), export processing Zones (EPZ), free Zones (FZ), industrial parks or industrial estates (IE) ... zones. The goal of a SEZ structure is to increase foreign direct investment by foreign investors.

Banking services provided to Special Economic Zones(SEZ) units have been exempted from _________ A. Sales Tax B. Securities Transaction Tax – STT. C. Central Excise Duty D. Service Tax E. None of the Above

Description : Banking services provided to Special Economic Zones(SEZ) units have been exempted from _________ A. Sales Tax B. Securities Transaction Tax – STT. C. Central Excise Duty D. Service Tax E. None of the Above

Last Answer : D. Service Tax Explanation: Banking services offered to units set up in special economic zones have been exempted from paying service tax.

Of the following land uses, which is restricted to Special Economic Zones ? (1) Educational Institutions (2) Free trade Centres (3) Marketing Centres (4) Information Technology Companies

Description : Of the following land uses, which is restricted to Special Economic Zones ? (1) Educational Institutions (2) Free trade Centres (3) Marketing Centres (4) Information Technology Companies

Last Answer : Free trade Centres

“Services are very important aspect for economic development of a country.” Analyse -Geography

Description : “Services are very important aspect for economic development of a country.” Analyse -Geography

Last Answer : All types of services are special skills provided in exchange of payments. Health, education, law, governance and recreation etc. require professional skills. These services require other theoretical knowledge ... (v) Law and management (vi) Government at different levels (to be explained)

How do socio-economic factors determine the distribution pattern of population in India? Discuss. -Geography

Description : How do socio-economic factors determine the distribution pattern of population in India? Discuss. -Geography

Last Answer : (i) Evolution of settled agricultural development. (ii) Pattern of human settlement. (iii) Development of transport network. (iv) Industrialisation and urbanisation

Discuss the economic significance of the longest railway line of the world. -Geography

Description : Discuss the economic significance of the longest railway line of the world. -Geography

Last Answer : Trans-Siberian Railways is the longest trans continental railways with 9332 km. (i) It has helped in opening up its Asian region to West European markets. (ii) It runs across the Ural ... v) Coal, oil, wood, agro products from the forest are transported by this railways along with foodgrains.

Which is the longest railway line in North-America? Describe its economic significance. -Geography

Description : Which is the longest railway line in North-America? Describe its economic significance. -Geography

Last Answer : Trans Canadian Railways is the longest railway line in the North-America. It is 7050 km. Important stations are Montreal, Ottawa, Winnipeg and Calgary. Characteristics: (i) It gained economic ... line is the economic artery of Canada. Wheat and meat are the important exports on this route.

Explain economic consequences of migration on both the internal and international areas in India. -Geography

Description : Explain economic consequences of migration on both the internal and international areas in India. -Geography

Last Answer : Economic Consequences: (a) A major benefit for the source region is the remittance sent by migrants. Remittances from the international migrants are one of the major sources of ... Western Uttar Pradesh accounted for the success of their green revolution strategy for agricultural development.

Name the economic activities. What are their role? -Geography

Description : Name the economic activities. What are their role? -Geography

Last Answer : There are many economic activities- (i) primary (ii) secondary (iii) tertiary (iv) quaternary They revolve around obtaining and utilising resources necessary for survival. (i) Secondary ... into steel it gets its value and can be used for making many valuable machines, tools etc.

Give an example to prove that a multi-purpose project creates social, economic and environmental imbalances. -Geography

Description : Give an example to prove that a multi-purpose project creates social, economic and environmental imbalances. -Geography

Last Answer : The biggest example is the floods in Maharashtra and Gujarat in 2006 which had occurred because of the aggravation of floods on opening the doors of dams. This not only led to the loss of lives but also led to soil erosion and disruption in the lives of people.

The challenge of sustainable development requires integration of economic development with environmental concern. -Geography

Description : The challenge of sustainable development requires integration of economic development with environmental concern. -Geography

Last Answer : Though Industrialisation is part of globalization we cannot ignore the harmful effect of it upon the environment is possible. The effects could be reduced simultaneously by the Industries: 1. The ... precipitator to reduce air pollution. 6. Using oil or gases instead of coal in factories.

How are the border roads helpful in the economic development of the far off areas of the country? -Geography

Description : How are the border roads helpful in the economic development of the far off areas of the country? -Geography

Last Answer : Border roads are those roads which are in the bordering areas of the country. The aim is to provide security as this road could be used to carry arms and army. The border roads are helpful in ... areas of difficult terrain. This led to the economic development of the far off areas of the country.

“More availability of resources will not bring economic development.” Justify the statements. -Geography

Description : “More availability of resources will not bring economic development.” Justify the statements. -Geography

Last Answer : For economic growth, the existence of natural resources in abundance is essential. A country which is deicient in natural resources will not be in a position to develop rapidly, but more ... rich in mineral resources but are considered to be underdeveloped because of lack of appropriate technology.

“The economic strength of a country is measured by the development of manufacturing industries”. Elaborate the statement. -Geography

Description : “The economic strength of a country is measured by the development of manufacturing industries”. Elaborate the statement. -Geography

Last Answer : Yes, it is true that The economic strength of a country is measured by the development of manufacturing industries . The importances of the Manufacturing industries are - For the general ... of higher value are the prosperous one, thus India should expands manufacturing industries of the country.

Critically analyse the Socio economic benefits that are being experienced by the implementation of Integrated Tribal Development -Geography

Description : Critically analyse the Socio economic benefits that are being experienced by the implementation of Integrated Tribal Development -Geography

Last Answer : Under the fifth five-year plan, the tribal sub-plan was introduced in 1974and Bharmaur was designated as one of the five Integrated Tribal Development Projects (ITDP) in Himachal Pradesh. This ... region. In addition to this, now only ten percent of the total households practice transhumance.

What are the Economic consequences of migration in India ? -Geography

Description : What are the Economic consequences of migration in India ? -Geography

Last Answer : A major benefit for the source region is the remittance sent by migrants. Remittances from the international migrants are one of the major sources of foreign exchange. Punjab, Kerala and ... Karnataka, Tamil Nadu and Delhi is a negative consequence of unregulated migration within the country.

What are the sub-fields of Economic Geography? -Geography

Description : What are the sub-fields of Economic Geography? -Geography

Last Answer : Sub-fields of Economic Geography are: Geography of Resources, Geography of Agriculture, Geography of Tourism, Geography of Industries, Geography of Marketing and Geography of International Trade.

Give any four characteristics of arid soils of India. -Geography

Description : Give any four characteristics of arid soils of India. -Geography

Last Answer : Arid soils have surface horizons with several unique characteristics. Arid soil can be classified as a group of soils belonging to the aridisol order of USDA classification. Some important characteristics of ... there is no rain to wash soluble salts. These soils are very infertile in nature.

(i) What is a Planning Region? (ii) Mention any two characteristics of a planning region. -Geography

Description : (i) What is a Planning Region? (ii) Mention any two characteristics of a planning region. -Geography

Last Answer : (i) A planning region is a self-created living organism, having a lifetime which not only supports the life in the region but also radiates unifying forces that enable the region to be a unified ... should be flexible. 3. There should be natural cohesion. 4. It should have economic harmony

(i) What is a planning region ? (ii) Mention two characteristics of a planning region. -Geography

Description : (i) What is a planning region ? (ii) Mention two characteristics of a planning region. -Geography

Last Answer : (i) A planning region is a self-created living, having a lifetime which not only supports the life in the region but also radiates unifying forces that enable the region to be a unified ... Single-level Planning done at the national level. 2. Process is is divided into small territorial unit

(i) What is a planning region ? (ii) Mention any two characteristics of a planning region. -Geography

Description : (i) What is a planning region ? (ii) Mention any two characteristics of a planning region. -Geography

Last Answer : (i) A planning region refers to an area which is the main focus of efficient placement of infrastructure and zoning for sustainable growth. (ii) Two characteristics of a planning region are: 1 ... , social and economic issues of a region. 2. It aims at optimum utilisation of resources.

1. What type of wind is ‘Monsoon? What is its direction during summer? 2. Mention two characteristics of the Indian monsoon. -Geography

Description : 1. What type of wind is ‘Monsoon? What is its direction during summer? 2. Mention two characteristics of the Indian monsoon. -Geography

Last Answer : 1. Periodic, Wind 2. Seasonal reversal of winds. Hot and humid summer whereas cold and dry winter.

State two characteristics of Tropical Deciduous forests. -Geography

Description : State two characteristics of Tropical Deciduous forests. -Geography

Last Answer : Irrigation is important to a country like India because rainfall here is seasonal in nature. It is limited to four months of a year. It is also important because some crops require more water than what it is provided by the rainfall therefore we have to depend on irrigation.

Give two important characteristics of the South West Monsoon rainfall. -Geography

Description : Give two important characteristics of the South West Monsoon rainfall. -Geography

Last Answer : Characteristics of S. W. Monsoon rainfall: (i) Orographic in nature (ii) Uncertain in amount and time.

Mention two main characteristics of Tropical Rain Forests. -Geography

Description : Mention two main characteristics of Tropical Rain Forests. -Geography

Last Answer : Two characteristics of tropical rain forest: (i) Trees are dense and evergreen. (ii) They are found in mixed stands.

Give two important characteristics of the summer monsoon rainfall in India. -Geography

Description : Give two important characteristics of the summer monsoon rainfall in India. -Geography

Last Answer : Two characteristics of the summer monsoon rainfall are : 1. It is erratic in nature. 2. It is mainly orographic in nature/type.

Mention two main characteristics of Laterite soil. -Geography

Description : Mention two main characteristics of Laterite soil. -Geography

Last Answer : Two main characteristics of laterite soil are : 1. It is red in colour with high content of iron oxides. 2. High content of acidity and inability to retain moisture.

Explain two important characteristics of plantation farming. Name one important plantation crop. -Geography

Description : Explain two important characteristics of plantation farming. Name one important plantation crop. -Geography

Last Answer : Two important characteristics of plantation farming are: 1. Huge estates. 2. Single crop farming (Mono culture) One important plantation crop is tea

Mention two characteristics of Black soil. Why is this soil agriculturally important ? -Geography

Description : Mention two characteristics of Black soil. Why is this soil agriculturally important ? -Geography

Last Answer : Two characteristics of black soil are: (i) It is moisture retentive. (ii) It is rich in iron, potash, lime, calcium etc. Imortance: It is deep, fine grained and in moisture retentive. These qualities of soil are important for agriculturally.

(i) Mention two characteristics of a mini steel plant. (ii) From where does the integrated steel plant at Jamshedpur get its iron ore and coal ? -Geography

Description : (i) Mention two characteristics of a mini steel plant. (ii) From where does the integrated steel plant at Jamshedpur get its iron ore and coal ? -Geography

Last Answer : (i) Two characteristics of a mini steel plant are : 1. They use cheaply available scrap iron. 2. They use electric furnaces therefore cause no pollution. (ii) Jamshedpur plant get its iron ore from Singhbhum and Mayurbhanj. It get its coal from Jharia and Raniganj.

(a) Mention two important characteristics of laterite soil. -Geography

Description : (a) Mention two important characteristics of laterite soil. -Geography

Last Answer : (a) Two main characteristics of laterite soil are : 1. It is red in colour with high content of iron oxides. 2. High content of acidity and inability to retain moisture. (b) Gujarat ... direction. Erosion by running water can be controlled by planting trees, making dams across the river etc.

Explain any three characteristics of Tertiary activities. -Geography

Description : Explain any three characteristics of Tertiary activities. -Geography

Last Answer : (i) Tertiary activities are related to the service sector. Man power is an important component of the service sector as most of the tertiary activities are completed by skilled labour, ... materials-work of a plumber, electrician, technician, launderer, barber, shopkeeper, driver, teacher etc.

When was Bharmaur region of Himachal Pradesh notified as a tribal area? Discuss any four characteristics of this region. -Geography

Description : When was Bharmaur region of Himachal Pradesh notified as a tribal area? Discuss any four characteristics of this region. -Geography

Last Answer : Bharmaur region of Himachal Pradesh was notified tribal area on 21 Nov. 1975. (i) Bharmaur is inhabited by Gaddi, a tribal community who have maintained a distinct identity in the Himalayan region ... . (v) The economy is based on agriculture and allied activities such as sheep and goat rearing

Discuss any three characteristics of handloom industry of the world. -Geography

Description : Discuss any three characteristics of handloom industry of the world. -Geography

Last Answer : (i) Elandloom sector is labour-intensive and provides employment to semi skilled workers. (ii) It requires small capital investment. (iii) This sector involves spinning, weaving and finishing of the fabrics.

Describe any three characteristics of dairy farming practised in different parts of the world. -Geography

Description : Describe any three characteristics of dairy farming practised in different parts of the world. -Geography

Last Answer : Main characteristics of Dairy farming: (i) It is highly capital intensive, Animal sheds, storage facilities for fodder, feeding and milching machines add to the cost of dairy farming. (ii) Special ... in the case of crop raising. (iv) It is practised mainly near urban and industrial centres.

Describe important characteristics of the mineral region of South-Western plateau of India. -Geography

Description : Describe important characteristics of the mineral region of South-Western plateau of India. -Geography

Last Answer : (i) This belt extends over Karnataka. Goa and contiguous Tamil Nadu uplands and Kerala. It is rich in ferrous metals and bauxite. (ii) It contains high grade iron ore, manganese and limestone ... belt. Kerala has deposits of monazite and thorium, bauxite and clay. Goa has iron ore deposits.

Describe any five characteristics of commercial livestock rearing practised in different parts of the world. -Geography

Description : Describe any five characteristics of commercial livestock rearing practised in different parts of the world. -Geography

Last Answer : Commercial Livestock Rearing: (i) Commercial livestock rearing is more organised and capital intensive. (ii) Commercial livestock ranching is essentially associated with western cultures and is ... different world markets. Rearing of animals in ranching is organised on a scientific basis.

Explain the main characteristics of rail transport in Europe. -Geography

Description : Explain the main characteristics of rail transport in Europe. -Geography

Last Answer : Rail transport in Europe: (i) Europe has one of the most dense rail networks in the world. There are 4,40,000 km of railways most of which is double or multiple tracked. ( ... railways lines have now lost their importance to quicker and move flexible transport systems of airways and roadways.

Describe the main characteristics of road transport in India. -Geography

Description : Describe the main characteristics of road transport in India. -Geography

Last Answer : Main Characteristics of Road transport in India: (i) India has one of the largest road networks in the world with a total length of 42.5 lakh km (2008-09). (ii) About 85% of ... the people as well as states. Roads make the security of nation more strong as they are strategically important.

Mentions any four characteristics of forest soils. -Geography

Description : Mentions any four characteristics of forest soils. -Geography

Last Answer : Forest soils are found in mountainous regions where there is an abundance of forests. Frequent rains have made this soil very fertile and rich with humus. The nature and texture of the ... to the cycling of nutrients. The rocks from which these soils originated from are crystalline, metamorphic.

Define the term ‘mineral’ and name the major classes of minerals with their physical characteristics. -Geography

Description : Define the term ‘mineral’ and name the major classes of minerals with their physical characteristics. -Geography

Last Answer : A mineral is a naturally occurring organic and inorganic substance, having an orderly atomic structure and a definite chemical composition and physical properties. A mineral is composed of two or more ... and can be sub-divided into three types: Precious metals, Ferrous metals Non- ferrous metals.

What is an igneous rock? Describe the method of formation and characteristics of igneous rock. -Geography

Description : What is an igneous rock? Describe the method of formation and characteristics of igneous rock. -Geography

Last Answer : The igneous rocks are formed when magma cools and solidifies. Igneous rocks form out of magma and lava from the interior of the earth, therefore, they are known as primary rocks. Method of ... solidified lava. Liquid lava gets solidified by gradual cooling They are compact They do not have fossils.

What is the special feature of this layer? {Imp.] -Geography

Description : What is the special feature of this layer? {Imp.] -Geography

Last Answer : It is the thinnest of all the layers

(a) Which is the second most important cereal crop of India? Write the geographical conditions required for its growth. (b) Name two major zones of wheat growth and name six major states of wheat production. -Geography 10th

Description : (a) Which is the second most important cereal crop of India? Write the geographical conditions required for its growth. (b) Name two major zones of wheat growth and name six major states of wheat production. -Geography 10th

Last Answer : (a) Wheat is the second most important cereal crop of India. It is the main food crop. Geographical conditions:Cool and moist growing season.Bright sunshine at the time of ripening.Rainfall: ... major wheat producing states are: Punjab, Haryana, Uttar Pradesh, Bihar, Rajasthan and Madhya Pradesh.

How many economic zones are there in Bangladesh ?

Last Answer : Bangladesh currently has eight economic. But soon the Prime Minister is working to create 100 economic zones.

How many agro-ecological zones have Bangladesh been divided into according to soil characteristics ?

Description : How many agro-ecological zones have Bangladesh been divided into according to soil characteristics ?

Last Answer : Bangladesh has been divided into thirty agro-ecological zones according to soil characteristics.

Write a note on the river system of Australia. -Geography

Description : Write a note on the river system of Australia. -Geography

Last Answer : There are a few rivers in Australia. Most of the rivers are short and flow into the lakes. The Murray is the most important river in . Australia. The Darling, Lachlan and Murrimbidge are its ... Mucumba drain into lake Eyre. Rivers Murchison, Avon, Black wood etc., drain into the Indian ocean.