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Exports Processing Zones (EPZs) were used earlier in India and had similar structure to SEZs. In which state did  Asia's first EPZs was established?

Exports Processing Zones (EPZs) were used earlier in India and had similar structure to SEZs. In which state did  Asia's first EPZs was established? Correct Answer Gujarat

The correct answer is Gujarat.

  • Special Economic Zones (SEZs):
    • An SEZ is an enclave within a country that is typically duty-free and has different business and commercial laws chiefly to encourage investment and create employment.
    • In this zone, industries get some tax advantages.
  • Export Processing Zones:
    • The Indian government had long used export processing zones (EPZs)
    • It was used to promote exports. 
    • Asia’s first EPZ was established in 1965 at Kandla, Gujarat state. 
    • EPZs had a similar structure to SEZs, the government started establishing SEZs in 2000 under the Foreign Trade Policy.

Related Questions

Consider the following statements : a. Special Economic Zones (SEZs) are set up to promote exports. b. The Finance Minister Shri Narasimha Rao introduced the new Economic Policy in 1991.  c. The Government has introduced the concept of Agri export zones to encourage agricultural exports. Which of the statements given above are correct?
Assertion (A) Export Processing Zones (EPZs) were set up as an enclave separated from the Domestic Tariff Area (DTA) and converted into SEZs.
Reason (R) The Export Oriented Units (EOUs) scheme is complimentary to the EPZ and is introduced to enable exporters enjoy liberal package of incentives.
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The total exports and revenues from the exports of a country are given in the two charts shown below. The pie chart for exports shows the quantity of each item exported as a percentage of the total quantity of exports. The pie chart for the revenues shows the percentage of the total revenue generated through export of each item. The total quantity of exports of all the items is 500 thousand tonnes and the total revenues are 250 crore rupees. Which item among the following has generated the maximum revenue per kg?
Which one of the following four addresses is NOT EXACTLY same as the other three? Danish Exports Ltd Vangehursej 15 P.O.Box J2001, Copenhagen DENMARK1. Danish Exports Ltd Vangehursej 15 P.O.Box J2001, Copenhagen DENMARK 1. Danish Exports Ltd Vangehursej 15 P.O.Box J2001, Copenhagen DENMARK 1. Danish Exports Ltd Vangehursej 15 P.O.Box J2001, Copenhagen DENMARK 1. Danish Exports Ltd Vangehusrej 15 P.O.Box J2001, Copenhagen DENMARK1.
Read the passage carefully and select the best answer to each question out of the given four alternatives.
The Amazon basin has been continuously inhabited for at least 10, 000 years, possibly more. Its earliest inhabitants were stone-age peoples, living in hundreds of far-flung tribes, some tiny, others numbering in the tens of thousands. It was from the west that Europeans explorers first arrived. In 1541 a Spanish expedition from Quito, led by Gonzalo Pizarro, ran short of supplies while exploring east of the Andes in what is today Peru. Pizarros cousin Francisco de Orellana offered to take 60 men along with the boats from the expedition and forage for supplies. De Orellana floated down the Rio Napo to its confluence with the Amazon, near Iquitos (Peru), and then to the mouth of the Amazon. Along the way his expedition suffered numerous attacks by Indians; some of the Indian warriors, they reported, were female, like the Amazons of Greek mythology, and thus the worlds greatest river got its name. No one made a serious effort to claim this sweaty territory, however, until the Portuguese built a fort near the mouth of the river at Belém in 1616, and sent Pedro Teixeira up the river to Quito and back between 1637 and 1639. During the 17th and 18th centuries, Portuguese bandeirantes (groups of roaming adventurers) penetrated ever further into the rain forest in pursuit of gold and Indian slaves, exploring as far as present-day Rondônia, and the Guaporé and Madeira river valleys. Amazonian Indians had long used the sap from rubber trees to make waterproof bags and other items. European explorers recognized the potential value of natural latex, but were unable to market it because it tended to grow soft in the heat, or brittle in the cold, and thus had limited appeal outside the rain forest. However, in 1842 American Charles Goodyear developed vulcanization (made natural rubber durable) and in 1890 Irelands John Dunlop patented pneumatic rubber tires. Soon there was an unquenchable demand for rubber in the recently industrialized USA and Europe, and the price of rubber on international markets soared. As profits skyrocketed, so did exploitation of the seringueiros, or rubber tappers, who were lured into the Amazon, mostly from the drought-stricken northeast, by the promise of prosperity only to be locked into a cruel system of virtual slavery dominated by seringalistas (owners of rubber-bearing forests). Rigged scales, hired guns, widespread illiteracy among the rubber tappers, and monopoly of sales and purchases all combined to perpetuate the workers debt and misery. In addition, seringueiros had to contend with jungle fevers, Indian attacks and all manner of deprivation.
From where did the Europeans explorers first arrive?
Read the passage carefully and select the best answer to each question out of the given four alternatives.
The Amazon basin has been continuously inhabited for at least 10, 000 years, possibly more. Its earliest inhabitants were stone-age peoples, living in hundreds of far-flung tribes, some tiny, others numbering in the tens of thousands. It was from the west that Europeans explorers first arrived. In 1541 a Spanish expedition from Quito, led by Gonzalo Pizarro, ran short of supplies while exploring east of the Andes in what is today Peru. Pizarros cousin Francisco de Orellana offered to take 60 men along with the boats from the expedition and forage for supplies. De Orellana floated down the Rio Napo to its confluence with the Amazon, near Iquitos (Peru), and then to the mouth of the Amazon. Along the way his expedition suffered numerous attacks by Indians; some of the Indian warriors, they reported, were female, like the Amazons of Greek mythology, and thus the worlds greatest river got its name. No one made a serious effort to claim this sweaty territory, however, until the Portuguese built a fort near the mouth of the river at Belém in 1616, and sent Pedro Teixeira up the river to Quito and back between 1637 and 1639. During the 17th and 18th centuries, Portuguese bandeirantes (groups of roaming adventurers) penetrated ever further into the rain forest in pursuit of gold and Indian slaves, exploring as far as present-day Rondônia, and the Guaporé and Madeira river valleys. Amazonian Indians had long used the sap from rubber trees to make waterproof bags and other items. European explorers recognized the potential value of natural latex, but were unable to market it because it tended to grow soft in the heat, or brittle in the cold, and thus had limited appeal outside the rain forest. However, in 1842 American Charles Goodyear developed vulcanization (made natural rubber durable) and in 1890 Irelands John Dunlop patented pneumatic rubber tires. Soon there was an unquenchable demand for rubber in the recently industrialized USA and Europe, and the price of rubber on international markets soared. As profits skyrocketed, so did exploitation of the seringueiros, or rubber tappers, who were lured into the Amazon, mostly from the drought-stricken northeast, by the promise of prosperity only to be locked into a cruel system of virtual slavery dominated by seringalistas (owners of rubber-bearing forests). Rigged scales, hired guns, widespread illiteracy among the rubber tappers, and monopoly of sales and purchases all combined to perpetuate the workers debt and misery. In addition, seringueiros had to contend with jungle fevers, Indian attacks and all manner of deprivation.
In which year did the fort was built by Portuguese near the river Belem?
Read the passage carefully and select the best answer to each question out of the given four alternatives.
The Amazon basin has been continuously inhabited for at least 10, 000 years, possibly more. Its earliest inhabitants were stone-age peoples, living in hundreds of far-flung tribes, some tiny, others numbering in the tens of thousands. It was from the west that Europeans explorers first arrived. In 1541 a Spanish expedition from Quito, led by Gonzalo Pizarro, ran short of supplies while exploring east of the Andes in what is today Peru. Pizarros cousin Francisco de Orellana offered to take 60 men along with the boats from the expedition and forage for supplies. De Orellana floated down the Rio Napo to its confluence with the Amazon, near Iquitos (Peru), and then to the mouth of the Amazon. Along the way his expedition suffered numerous attacks by Indians; some of the Indian warriors, they reported, were female, like the Amazons of Greek mythology, and thus the worlds greatest river got its name. No one made a serious effort to claim this sweaty territory, however, until the Portuguese built a fort near the mouth of the river at Belém in 1616, and sent Pedro Teixeira up the river to Quito and back between 1637 and 1639. During the 17th and 18th centuries, Portuguese bandeirantes (groups of roaming adventurers) penetrated ever further into the rain forest in pursuit of gold and Indian slaves, exploring as far as present-day Rondônia, and the Guaporé and Madeira river valleys. Amazonian Indians had long used the sap from rubber trees to make waterproof bags and other items. European explorers recognized the potential value of natural latex, but were unable to market it because it tended to grow soft in the heat, or brittle in the cold, and thus had limited appeal outside the rain forest. However, in 1842 American Charles Goodyear developed vulcanization (made natural rubber durable) and in 1890 Irelands John Dunlop patented pneumatic rubber tires. Soon there was an unquenchable demand for rubber in the recently industrialized USA and Europe, and the price of rubber on international markets soared. As profits skyrocketed, so did exploitation of the seringueiros, or rubber tappers, who were lured into the Amazon, mostly from the drought-stricken northeast, by the promise of prosperity only to be locked into a cruel system of virtual slavery dominated by seringalistas (owners of rubber-bearing forests). Rigged scales, hired guns, widespread illiteracy among the rubber tappers, and monopoly of sales and purchases all combined to perpetuate the workers debt and misery. In addition, seringueiros had to contend with jungle fevers, Indian attacks and all manner of deprivation.
Where did De Orellano float down to for its confluence with the Amazon?
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The bar chart given below shows the total exports (in = 1000 crores) of a country for 7 consecutive years Y1, Y2, Y3, Y4, Y5, Y6 and Y7. What is the ratio of the exports of year with lowest exports and the year with second highest exports?