2021 · Q39
In which one of the following places, was Asia's first Export Processing Zone (EPZ) set up in 1965 ?
Indian EconomyInflation and external sector
- AAhmedabad
- BKandla
- CMumbai
- DJaipur
Explanation
The Kandla Free Trade Zone in Gujarat, set up in 1965, was Asia’s first Export Processing Zone, modelled on Ireland’s Shannon zone. Mumbai’s SEEPZ came later (1973). Neither Ahmedabad nor Jaipur hosted the first EPZ. Hence (B) Kandla is correct.