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Read the following statements about special economic zones (SEZ) and Infopark:

  1. Infopark, Kochi received SEZ status in 2006 from the Central Government.

  2. SEZ status generally provides tax and regulatory benefits to promote investment.

  3. SEZ designation only applies to agricultural projects in Kerala.

Which statements are correct?

A1 and 2 only

B1 and 3 only

C2 and 3 only

DAll three

Answer:

A. 1 and 2 only

Read Explanation:

  • Infopark received SEZ status in 2006 and SEZs offer regulatory and tax incentives to IT and other industries. SEZs are not limited to agricultural projects; statement 3 is incorrect.


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