Explanation:

Explanation:

• National Investment and Manufacturing Zones (NIMZs) are important instruments of National Manufacturing Policy, 2011. NIMZs are envisaged as large areas of developed land with the requisite ecosystem for promoting world-class manufacturing activity. So, statement (1) is correct. The main objective of Special Economic Zones is the promotion of exports. At the same time, NIMZs are based on the industrial growth principle in partnership with States and focus on manufacturing growth and employment. NIMZs are different from SEZs in terms of size, infrastructure planning, governance structures related to regulatory procedures, and exit policies. So, statement (2) is correct.
• NIMZs are envisaged as large areas of developed land with the requisite ecosystem for promoting world class manufacturing activity. The state government is to provide suitable land of 5000 ha. The administrative structure of NIMZ will comprise a Special Purpose Vehicle, a developer, State Government and the Central Government. The Central Government shall, by notification in the Official Gazette, notify an NIMZ. An SPV will be constituted to exercise the powers conferred on and discharge the functions assigned to it under this Policy to manage the NIMZ affairs. Every SPV shall be a legal entity by the name of the NIMZ. This SPV can be a company, including a Section 25 company depending upon the MOU between stakeholders. So, statement (3) is not correct. Therefore, the correct answer is b