What are super normal profits made by companies due to an unprecedented event, as indicated in the para above, known as?
Windfall gain (or windfall profit) is an unexpected gain in income from an unforeseen source/event. Windfall gains may take place due to sudden steep rise in prices of a commodity or extreme shortage of a resource, asset or product. For an individual, windfall gain could be a sudden spike in income due to one-time events like inheritance of property, money gained on selling property when its prices increase dramatically, etc. Windfall gain may also refer to gains from winning a lottery, betting income etc. A windfall tax is a one-off tax imposed by a government on a company on such windfall gains, which is over and above the normal rates of tax.
Which Indian state is the largest producer of tea?
Which is the world’s highest valued currency:
The Nobel Peace Prize 2017 was won by
Who has taken over India's National Carrier Air India with a deal of 18,000 crores?
Mahatma Gandhi Sarbat Vikas Yojna was recently launched in the state of
Which of the following is the component of Foreign Exchange Reserve of a country?
exhausting temperature of canned fruits and vegetables is
. ‘YOUR FAITHFUL AND FRIENDLY FINANCIAL PARTNER’ is the tag line of which Bank?
Which one of these online marketplaces becomes the first major platform to offer direct mutual funds to consumers?
Xiomara Castro has become the first-ever female President of which nation?