The GIFT City project is an example of Gujarat’s focus on:

Financial sector development
Tourism promotion
Agricultural innovation
Infrastructure development

The correct answer is: Financial sector development.

The GIFT City project is a financial and IT hub being developed in Gujarat, India. It is a joint initiative of the Government of Gujarat and the Gujarat International Finance Tec-City Company Limited (GIFT City Company). The project is being developed on a 1,000-acre site in Gandhinagar, the capital of Gujarat.

The GIFT City project is expected to be a major financial center in India. It will offer a range of financial services, including banking, insurance, and asset management. The project will also have a special economic zone (SEZ) for IT and IT-enabled services.

The GIFT City project is expected to create thousands of jobs and attract billions of dollars in investment. It is seen as a major step in the development of Gujarat as a global financial center.

The other options are incorrect because:

  • Tourism promotion: The GIFT City project is not primarily focused on tourism.
  • Agricultural innovation: The GIFT City project is not primarily focused on agricultural innovation.
  • Infrastructure development: The GIFT City project is a major infrastructure development project, but it is not the only focus of Gujarat’s development efforts.
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