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Tripura gets its first SEZ at Paschim Jalefa, Sabroom. SEZ stands for

  • A.State Economic Zone
  • B.Social Economic Zone
  • C.Special Economic Zone
  • D.None of these

Answer: C

SEZ stands for Special Economic Zone.

A Special Economic Zone is a designated area with its own economic rules, tax exemptions and simpler procedures, set up to attract investment and boost exports. India's SEZs are governed by the Special Economic Zones Act, 2005. Tripura's first SEZ at Paschim Jalefa in Sabroom lies near the Maitri Setu bridge to Bangladesh and the route to Chittagong port.

'State Economic Zone' and 'Social Economic Zone' are not the term, and since the right expansion is offered, 'None of these' is wrong.

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