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Questions and Answers
What is the definition of Export Oriented Units (EOUs) according to the Foreign Trade Policy (FTP)?
What is the definition of Export Oriented Units (EOUs) according to the Foreign Trade Policy (FTP)?
- Units that manufacture goods and services for both export and domestic sales
- Units that undertake to export their entire production of goods and services except for permissible sales in Domestic Tariff Area (DTA (correct)
- Units that import goods for export purposes only
- Units that are involved in trading activities only
What is the minimum contiguous land required for SEZ (excluding IT, biotech, and health)?
What is the minimum contiguous land required for SEZ (excluding IT, biotech, and health)?
- 25 hectares
- 50 hectares (correct)
- 75 hectares
- 100 hectares
What is the main objective of the Export Oriented Units (EOUs) scheme?
What is the main objective of the Export Oriented Units (EOUs) scheme?
- To decrease imports
- To stimulate direct domestic investment
- To generate additional revenue for the government
- To increase exports and earn foreign exchange for the country (correct)
What is the minimum processing area required for SEZ in category A cities for IT, biotech, or health (other than hospital)?
What is the minimum processing area required for SEZ in category A cities for IT, biotech, or health (other than hospital)?
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Which of the following activities is not covered under the Export Oriented Units (EOUs) scheme?
Which of the following activities is not covered under the Export Oriented Units (EOUs) scheme?
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What is the condition for vacant land in SEZ?
What is the condition for vacant land in SEZ?
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