Question

What distinguishes a "Multi-Sector" SEZ from a "Single-Sector" SEZ in terms of city planning?

• A. Architectural design flexibility
• B. Inclusion of multiple industries in one zone
• C. Exclusive focus on residential development
• D. Greater emphasis on historical preservation

Hint:

\textbf{SEZ (Special Economic Zone):} An area with special economic regulations to promote investment and exports.
\textbf{Single-Sector SEZ:} Focuses on one specific industry (e.g., IT SEZ, Pharma SEZ).
\textbf{Multi-Sector SEZ (Multi-Product SEZ):} Designed to host a variety of different industries and activities.
The key difference is the \textbf{diversity of industries} accommodated within the zone.
Planning for a multi-sector SEZ is more complex, requiring integrated infrastructure for diverse needs.

Answer 1

The Correct Option is B

Multi-Sector SEZ vs Single-Sector SEZ in City Planning: 

The key distinction between a "Multi-Sector" Special Economic Zone (SEZ) and a "Single-Sector" SEZ lies in the diversity of industries and the scope of activities allowed within the zone:

• Multi-Sector SEZ: This type of SEZ includes a variety of industries within a single zone. It is designed to accommodate diverse sectors such as manufacturing, IT, biotechnology, and export-oriented services, among others. This setup allows for a more integrated industrial park, fostering synergies between different sectors and industries, which can lead to economic diversification and better utilization of available resources.
• Single-Sector SEZ: In contrast, a Single-Sector SEZ is dedicated to one specific industry or sector. For example, an IT SEZ or a textile SEZ would focus solely on one type of industry, providing a more specialized environment. This helps to concentrate efforts and resources on a particular sector, often leading to more efficient operations and a concentrated skill set for workers within that industry.

Thus, the main difference is that a "Multi-Sector" SEZ includes multiple industries in one zone, while a "Single-Sector" SEZ focuses on a single industry.

Answer: Inclusion of multiple industries in one zone.