[amp_mcq option1=”Wildlife sanctuaries” option2=”Special Economic Zones” option3=”Universities” option4=”Pilgrimage routes” correct=”option2″]<\/p>\n
The correct answer is: b) Special Economic Zones.<\/p>\n
Special Economic Zones (SEZs) are designated areas with economic and other policies that are more liberal than a country’s standard economic policies. They are designed to attract foreign direct investment and promote economic growth. SEZs typically offer tax breaks, relaxed labor laws, and other incentives to businesses that operate within them.<\/p>\n
The government’s focus on industrial development is evident in the establishment of SEZs because SEZs are designed to promote industrial growth. SEZs provide businesses with a number of advantages, including access to a skilled workforce, a reliable infrastructure, and a favorable tax environment. These advantages can help businesses to reduce costs and increase profits. As a result, SEZs can play a significant role in promoting industrial development.<\/p>\n
The other options are incorrect because they are not directly related to industrial development. Wildlife sanctuaries are areas that are set aside to protect wildlife. Universities are institutions of higher learning. Pilgrimage routes are paths that are followed by pilgrims.<\/p>\n","protected":false},"excerpt":{"rendered":"
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