Here, the superlative degree should not be used. We are comparing prices of petrol and diesel only. So, ‘lowest’ should be changed to ‘lower’. In the early days, cars were considered luxury goods and high excise duty was levied on petrol, but it was lower on diesel to make it cheaper for the essential needs of transport.
The long-term fiscal policy aims to maintain the stability of which of the following?
What is the primary aim of currency devaluation?
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
Tommy Eman Gold Cup is associated with which of the following sports?
What is the definition of "inflation" in economic terms?
What was the highest denomination currency note ever issued by the Reserve Bank of India (RBI)?
Which of the following is part of the tertiary sector of the economy?
Which sector contributes the most to India's GDP?
What term describes the consumption of fixed capital in an economy?
The Twenty-Point Programme was first launched by