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For the IFSC Unit rule, the term Unit is defined in which Act?

ACompanies Act, 2013
BSEZ Act, 2005
CCustoms Act, 1962
DSEBI Act, 1992
Answer & Solution
Correct answer: B. SEZ Act, 2005
The Explanation borrows the meaning from clause (zc) of section 2 of the Special Economic Zones Act, 2005.
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