All Courses
Get the App Signup / Login
Sign in Open App
B Com Exam  >  B Com Tests  >  Interdisciplinary Issues in Indian Commerce  >  Test: Infrastructure - 2 - B Com MCQ

Test: Infrastructure - 2 - B Com MCQ


Test Description

10 Questions MCQ Test Interdisciplinary Issues in Indian Commerce - Test: Infrastructure - 2

Test: Infrastructure - 2 for B Com 2024 is part of Interdisciplinary Issues in Indian Commerce preparation. The Test: Infrastructure - 2 questions and answers have been prepared according to the B Com exam syllabus.The Test: Infrastructure - 2 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Infrastructure - 2 below.
Solutions of Test: Infrastructure - 2 questions in English are available as part of our Interdisciplinary Issues in Indian Commerce for B Com & Test: Infrastructure - 2 solutions in Hindi for Interdisciplinary Issues in Indian Commerce course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Infrastructure - 2 | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study Interdisciplinary Issues in Indian Commerce for B Com Exam | Download free PDF with solutions
Test: Infrastructure - 2 - Question 1
Save

What is the primary objective of establishing Special Economic Zones (SEZs)?

Detailed Solution for Test: Infrastructure - 2 - Question 1
The primary objective of establishing Special Economic Zones (SEZs) is to promote exports from the country and provide an internationally competitive and hassle-free environment for exports. SEZs aim to attract foreign investments and enhance economic growth by creating a favorable environment for businesses engaged in export-oriented activities.
Test: Infrastructure - 2 - Question 2
Save

What is the role of state governments in the establishment of SEZs?

Detailed Solution for Test: Infrastructure - 2 - Question 2
State governments play a significant role in the establishment of SEZs by approving SEZ proposals. They also need to ensure the availability of basic infrastructure such as water and electricity to support SEZ operations.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Infrastructure - 2 - Question 3
Save

What is the key purpose of SEZs in terms of economic development?

Detailed Solution for Test: Infrastructure - 2 - Question 3
The primary purpose of SEZs in terms of economic development is to encourage foreign investments and promote rapid economic growth. SEZs create an environment that attracts businesses and foreign capital, leading to increased economic activity and development.
Test: Infrastructure - 2 - Question 4
Save
What distinguishes an SEZ from the rest of a country in terms of economic laws?
Detailed Solution for Test: Infrastructure - 2 - Question 4
An SEZ is distinguished from the rest of a country by having economic laws that are different from the usual economic laws of the nation. SEZs typically offer a more favorable and business-friendly regulatory environment to encourage investment and exports.
Test: Infrastructure - 2 - Question 5
Save
Which countries have established Special Economic Zones (SEZs) as mentioned in the text?
Detailed Solution for Test: Infrastructure - 2 - Question 5
The text mentions that SEZs have been established in several countries, including China and India. These two countries are explicitly mentioned in the text as examples of nations with SEZs.
Test: Infrastructure - 2 - Question 6
Save
Which entity is responsible for monitoring the performance of SEZ units?
Detailed Solution for Test: Infrastructure - 2 - Question 6
The performance of SEZ units is monitored by a unit approval committee consisting of the development commissioner, customs officials, and representatives of the state government. This committee ensures that SEZ units comply with the required standards and regulations.
Test: Infrastructure - 2 - Question 7
Save
Are SEZs exempt from normal labor laws?
Detailed Solution for Test: Infrastructure - 2 - Question 7
Normal labor laws are applicable to SEZs, and they are enforced by the respective state governments. However, efforts have been made to simplify procedures and introduce a single-window clearance mechanism to ease compliance for businesses operating in SEZs.
Test: Infrastructure - 2 - Question 8
Save
What is the source of revenue for business units operating in SEZs?
Detailed Solution for Test: Infrastructure - 2 - Question 8
Business units operating in SEZs generate revenue from exports and various business activities. They benefit from a package of incentives and a simplified operating environment that helps enhance their revenue generation.
Test: Infrastructure - 2 - Question 9
Save
What is the significance of SEZs in a country's economic development?
Detailed Solution for Test: Infrastructure - 2 - Question 9
SEZs are considered essential for rapid economic development in a country. They create an environment that attracts foreign investments, boosts exports, and contributes significantly to economic growth by facilitating business activities and job creation.
Test: Infrastructure - 2 - Question 10
Save
How do SEZs contribute to a country's international trade?
Detailed Solution for Test: Infrastructure - 2 - Question 10
SEZs contribute to a country's international trade by promoting exports and attracting foreign investments. They create an environment conducive to international trade by offering incentives to businesses engaged in export-oriented activities, thus enhancing a nation's participation in global trade.
49 videos|45 docs|14 tests
Join Course
Information about Test: Infrastructure - 2 Page
In this test you can find the Exam questions for Test: Infrastructure - 2 solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Infrastructure - 2, EduRev gives you an ample number of Online tests for practice
Download as PDF

Important Questions for Infrastructure - 2

Find all the important questions for Infrastructure - 2 at EduRev.Get fully prepared for Infrastructure - 2 with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Infrastructure - 2 syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Infrastructure - 2 resources.

Infrastructure - 2 MCQs with Answers

Prepare for the Infrastructure - 2 within the B Com exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Infrastructure - 2 Interdisciplinary Issues in Indian Commerce

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Infrastructure - 2 with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup