Tobin Tax is applicable on which of the following?
Tobin tax is a tax on international flow of short term capital. The tax is known after economist James Tobin who proposed it in1972 in the form a currency transaction tax. Basically, Tobin tax aims to discourage volatile short term capital flows or hot money which are very speculative . The burden of a Tobin tax is inversely proportional to the length of the transaction, i.e., the shorter the holding period, the heavier the burden of tax. Variants of Tobin tax are imposed by many countries to discourage short term capital flows or hot money. In India, the Securities Transaction Tax (STT) can be considered as a type of Tobin tax.
India has done commendable job with respect to almost all the SDGs. What is India’s overall score in the SDG India Index 2023-24?
What is the primary objective of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)?
'Take off stage' is an economy means,
What is the Rank of India in the Global Food Security Index 2021?
What is the primary purpose of the drone flying under the SVAMITVA Scheme in rural areas?
Which of the following accurately represents the share of BRICS in the global economy?
Recycling waste materials and make full utilization of byproducts is one of the objective of ______________.
Which of the following is NOT a key component of the BBBP scheme?
The Government of India has prioritised developing a robust and cost-efficient logistics ecosystem. To fulfil this vision, the logistics division of __...
Article 21-A of the Constitution of India and its consequent legislation, the Right of Children to Free and Compulsory Education (RTE) Act, of _________...
