Practice Establishment of SEZs (Special Economic Zones) - 4.10.2 | Chapter 4: Globalisation and Recent Trends in Business | ICSE Class 12 Business Studies
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4.10.2 - Establishment of SEZs (Special Economic Zones)

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does SEZ stand for?

πŸ’‘ Hint: Think about what kind of zones encourage businesses.

Question 2

Easy

Name one benefit of operating in an SEZ.

πŸ’‘ Hint: Consider why a business would want to set up there.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary goal of Special Economic Zones?

  • To create barriers for foreign businesses
  • To promote international trade and investment
  • To limit exports

πŸ’‘ Hint: Think about what SEZs aim to achieve in the global market.

Question 2

True or False: SEZs often provide tax benefits to companies.

  • True
  • False

πŸ’‘ Hint: Consider the advantages companies get for setting up in these zones.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider the long-term economic implications for a country focused on establishing multiple SEZs. Discuss both the potential benefits and drawbacks.

πŸ’‘ Hint: Think about the relationship between growth and local impact.

Question 2

Evaluate how an economy that heavily relies on SEZs could adapt if global trading conditions change drastically.

πŸ’‘ Hint: How do global changes affect localized zones?

Challenge and get performance evaluation