{"id":77300,"date":"2024-04-20T12:44:13","date_gmt":"2024-04-20T12:44:13","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=77300"},"modified":"2024-04-20T12:44:13","modified_gmt":"2024-04-20T12:44:13","slug":"special-economic-zones-sezs-in-kerala-offer-incentives-to","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/special-economic-zones-sezs-in-kerala-offer-incentives-to\/","title":{"rendered":"Special Economic Zones (SEZs) in Kerala offer incentives to:"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a96aeea3438c\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"true\">\r\n                    Export-oriented units                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Tourism-related businesses                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Agricultural processing industries                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    Heavy industries                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: A) Export-oriented units.<\/p>\n<p>Special Economic Zones (SEZs) are designated areas with economic and trade laws that are more liberal than a country&#8217;s standard commercial laws. They are designed to attract foreign investment and promote exports.<\/p>\n<p>SEZs in Kerala offer a number of incentives to export-oriented units, including:<\/p>\n<ul>\n<li>Exemption from customs duty on import of capital goods and raw materials<\/li>\n<li>Exemption from <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> central excise duty and service tax<\/li>\n<li>Exemption from state sales tax<\/li>\n<li>100% income tax exemption for a period of five years, followed by 50% exemption for the next five years<\/li>\n<li>Accelerated depreciation on plant and machinery<\/li>\n<li>Single-window clearance for all approvals<\/li>\n<li>Availability of land at concessional rates<\/li>\n<li>Availability of skilled manpower<\/li>\n<li>Proximity to international airports and seaports<\/li>\n<\/ul>\n<p>These incentives make SEZs in Kerala an attractive proposition for export-oriented units.<\/p>\n<p>Option B, tourism-related businesses, is incorrect because SEZs are not specifically designed to attract tourism-related businesses. However, they may benefit from some of the general incentives offered by SEZs, such as exemption from customs duty and central excise duty.<\/p>\n<p>Option C, agricultural processing industries, is incorrect because SEZs are not specifically designed to attract agricultural processing industries. However, they may benefit from some of the general incentives offered by SEZs, such as exemption from customs duty and central excise duty.<\/p>\n<p>Option D, heavy industries, is incorrect <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> because SEZs are not specifically designed to attract heavy industries. However, they may benefit from some of the general incentives offered by SEZs, such as exemption from customs duty and central excise duty.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[983],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Special Economic Zones (SEZs) in Kerala offer incentives to:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/special-economic-zones-sezs-in-kerala-offer-incentives-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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