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Windfall gain (or windfall profit) is an unexpected gain in income from an unforeseen source/event. Windfall gains may take place due to sudden steep rise in prices of a commodity or extreme shortage of a resource, asset or product. For an individual, windfall gain could be a sudden spike in income due to one-time events like inheritance of property, money gained on selling property when its prices increase dramatically, etc. Windfall gain may also refer to gains from winning a lottery, betting income etc. A windfall tax is a one-off tax imposed by a government on a company on such windfall gains, which is over and above the normal rates of tax.
If the beta of the market index is 1 and the standard deviation of the market index increases from 12% to 18%, what is the new beta of the market index?
According to Union Budget 2023-24, consider the following statements regarding the socioeconomic welfare measures proposed by the government:
1...
What is the term of office of the Chairman and Members of the IFSCA?
Which of the following instruments in the Indian money market is a negotiable, unsecured instrument issued by banks and financial institutions to raise ...
Which of the following is correct regarding Risk Adjusted Returns on investment?
I. It is the process where a Risk in ...
ABC Bank Ltd has extended a Rs.10 crore loan at 5% over the repo rate. The loan is to be repaid in equal quarterly instalments. The bank’s funding of ...
In the Budget 2024-25, the government announced that setting up of MSME units for food quality and safety testing as labs with NABL accreditation will a...
The Narasimham Committee was appointed to review and examine the:
1) functioning of the regional rural banks
2) progress ...
What does R stand for in CRILC?
What is the "Indian Banks' Association (IBA)"?