πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Why did the Indian government scrap the windfall tax on

      domestic crude oil and fuel exports?
      A To encourage oil production in India Correct Answer Incorrect Answer
      B Due to a rise in global oil prices Correct Answer Incorrect Answer
      C Due to a decline in international oil prices Correct Answer Incorrect Answer
      D To support Indian oil companies Correct Answer Incorrect Answer
      E To improve trade balances Correct Answer Incorrect Answer

      Solution

      The government removed the windfall tax on crude oil and fuel exports as international oil prices declined, reducing the need for additional revenue measures.

      Practice Next
      ask-question