WBCS.LIVE practice question

Which statement regarding Special Economic Zones in incorrect?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

They are duty free enclaves of development
They deemed as foreign territories for purpose of trade, duties and tariffs
They are not exempted from the application of labour law
Area is net foreign exchange earner

Correct answer and explanation

Correct answer: They deemed as foreign territories for purpose of trade, duties and tariffs