Consider the following statements about the Special Economic Zones (SEZs):
1. Under the SEZ Act, Free Trade and Warehousing Zones can be statutorily created.
2. Under the SEZ Act, International Financial Services Centre can be statutorily created.
3. Baba Kalyani committee was created to reform the SEZ Act.
Which of the statements given above are correct?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
• Under the SEZ Act, Free Trade and Warehousing Zones can be statutorily created.
• Under the SEZ Act, International Financial Services Centre can be statutorily created.
• “Free Trade and Warehousing Zone” means a Special Economic Zone, wherein mainly trading and warehousing, and other activities take place.
• “International Financial Services Centre” means an International Financial Services Centre which has been approved by the Central Government under sub-section (1) of section 18. The first International Financial Services Centre has been created in Gandhinagar in Gujarat (GIFT City).
• Baba Kalyani Committee was created to reform the SEZ Act.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
International Relations · Easy
If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:
International Relations · Easy
Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
International Relations · Easy
A country is said to have reduced the Poverty Gap Ratio from 2010-11 to 2019-2020. What does it imply?
International Relations · Easy