Q: 116 (CDS-I/2009)
question_subject:
History
question_exam:
CDS-I
stats:
0,53,11,2,53,4,5
keywords:
{'first export processing zone': [0, 0, 2, 0], 'cochin': [2, 0, 0, 1], 'asia': [0, 0, 1, 0], 'epz': [0, 0, 1, 0], 'santa cruz': [0, 0, 1, 0], 'kandla': [1, 0, 0, 0]}
Asia`s first Export Processing Zone (EPZ) was set up in Kandla.
Option 1: Santa Cruz- Santa Cruz is not the correct answer as Asia`s first EPZ was not set up there.
Option 2: Kandla- This is the correct answer. Asia`s first EPZ was established in Kandla. An EPZ is a designated industrial area where companies can import raw materials and export finished goods with various tax benefits and incentives.
Option 3: Cochin- Cochin is not the correct answer as it is not the location of Asia`s first EPZ.
Option 4: Surat- Surat is not the correct answer as Asia`s first EPZ was not set up there.
In summary, Asia`s first EPZ was established in Kandla, making option 2 the correct answer.