Which of the following is incorrect with regard to Free Trade and Warehousing Zones FTWZ ........

Economic and Social Issues industrial and labour policy

Which of the following is incorrect with regard to Free Trade and Warehousing Zones (FTWZ)?

They are special category of Special Economic Zones

They focus on trading and warehousing.

FDI is strictly prohibited in this zones

These Zones would be established in areas proximate to seaports, airports or dry ports so as to offer easy access by rail and road

None of the options given above

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Explanation:

The Free Trade & Warehousing Zones (FTWZ) shall be a special category of Special Economic Zones with a focus on trading and warehousing. Foreign Direct Investment would be permitted up to 100% in the development and establishment of the zones and their infrastructural facilities.