The term 'Special Economic Zone' (SEZ) is associated with:
A. Promoting exports and attracting investment
B. Restricting foreign investment
C. Reducing agricultural production
D. Increasing import tariffs
Answer: Option A
Solution (By JKSSB Mock Tests)
SEZs are designated areas that offer incentives such as tax benefits and simplified procedures to promote exports, attract domestic and foreign investment, and generate employment.
Explanation:
Disguised, seasonal and open unemployment are common in developing countries. The natural rate of unemployment is a concept more relevant to developed economies and macroeconomic policy.
Explanation:
Near money refers to assets that are highly liquid and can be converted into cash quickly with minimal loss of value, such as time deposits and certain money market instruments.
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