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Q.

SEZ stands for ____


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Detailed Solution

SEZ stands for Special Economic Zones, and the government forms them to attract foreign investment and improve trade.
They help in the creation of employment opportunities in the country as well. They are industrial zones set up by the government and are subject to different rules and regulations than the rest of the industrial areas. Companies that set up production units in special economic zones enjoy certain exemptions and special concessions. The laws in the Special Economic Zones are more liberal than in other parts of the country.
 
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SEZ stands for ____