RBI Grade B Officers 2011 dec Paper

Question : 7 of 200

Marks: +1, -0

Indian Parliament in the year 2005 passed Special Economic Zones Bill which gave birth to hundreds of SEZs in the country. How do these SEZs help in the growth of the Indian Economy ?

SEZs attract significant foreign direct investment from overseas and MNCs
SEZs give a far better price for land to the farmers and others who sell their land for the same
Production in SEZs is done for local consumption only and is supposed to tame inflation in the country
Banks in India are allowed to give loans to SEZs liberally as the interest rate on such loans is decided to be 5% higher than the normal interest rates
All of these

Validate

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