Official Answer Key & Detailed Solution
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Correct Answer: Option (A) — 1 and 2 only
Concept & Option Breakdown
Standard Reference VerifiedStatements 1 and 2 are correct: The main objectives of the Special Economic Zones Act, 2005 include generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities, and development of infrastructure facilities.
Statement 3 is incorrect: The SEZ Act is intended to promote the export of both goods and services, not services only.
The word 'only' in Statement 3 is an extreme qualifier. Eliminating Statement 3 immediately gives (a) as the correct choice.
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