Question
The government recently imposed a windfall tax on the export of diesel, petrol and air turbine fuel. With reference to the windfall tax in India, consider the following statements: 1. When a company benefits from something that they are not responsible for, the financial gain that ensues is called windfall profits. 2. It is very likely that the windfall tax will increase the price of fuel in India. 3. It is typically a one-time tax over and above the normal rates of tax. Which of the above statements are correct?
More ESI Questions
- Socio-Economic and Caste Census was conducted for the first time in ______________.
- PMAY- G involves a ________ stage validation for beneficiary selection.
- The Foreign exchange reserve consists of
- Which of the following is not a ‘Public Good’?
- In November 2021, ________________ collaborated with Atal Innovation Mission (AIM) to drive synergis between AIM’s Atal Tinkering Labs (ATL) and Engage Wit...
- Increase in absolute and per capita real GNP do not connote a higher level of economic development, if?
- The first Masala Bonds was issued by the International Finance Corporation (IFC) in which of the following year?
- Pradhan Mantri MUDRA Yojana is aimed at
- Which of the following is not included in the assets of a commercial bank in India?
- All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)