Question
Tobin Tax is applicable on which of the following?
Solution
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.
Which of the following is a measure of central tendency that represents the middle value in a sorted dataset?
Which numerical method approximates the definite integral of a function by dividing the area under the curve into trapezoids?
Which statistical measure quantifies the average squared deviation of each data point from the mean?
In numerical computing, what type of error occurs when a continuous function is approximated by a discrete sum or a finite number of terms?
What does a p-value less than a significance level (e.g., 0.05) typically indicate in hypothesis testing?
The "standard deviation" is the square root of which other statistical measure?
The Newton-Raphson method is an iterative technique primarily used for:
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