The SEZ Act 2005 which came into effect in February 2006 has certain objectives? In this context consider the following :
1. Development of infrastructure facilities
2. Promotion of investment from foreign sources.
3. Promotion of export of services only.
Which of the above is/are objective of this Act?

Options

A. 1 and 2
B. 2 only
C. 2 and 3
D. 1, 2 and 3

Answer

A

Explanation

The main objectives of the SEZ Acts 2005, is to develop infrastructure facilities and to promote investment from foreign sources.