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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)?

  • 25 hectares
  • 50 hectares (correct)
  • 75 hectares
  • 100 hectares

    • 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)?

    <p>50,000 sq. mts.</p> Signup and view all the answers

    Which of the following activities is not covered under the Export Oriented Units (EOUs) scheme?

    <p>Trading activities</p> Signup and view all the answers

    What is the condition for vacant land in SEZ?

    <p>All of the above</p> Signup and view all the answers

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