Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

As per-recent reports, many countries are planning to introduce ‘Tobin Tax’ the idea of which was given by a Nobel Prize winner economist James Tobin in 1978. Tobin Tax, if implemented, will be levied on which of the following?

A Foreign exchange transactions
B All cash transactions
C On the interest income of corporates earned through major investments
D Services availed specifically by and elite group of people
E None of the above

Answer & Explanation

Answer: Option [A]

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