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As per recent reports many countries are...

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

On the interest income of corporates earned through major investments

B

All cash transactions

C

Services availed specifically by an elite group of people

D

Foreign Exchange Transactions

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Verified by Experts

The correct Answer is:
D
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