Q. The term “Tobin Tax” is often seen in news related to?

[A] Tax on foreign exchange transactions

[B] Tax on dividend distribution

[C] Tax on crude oil exports

[D] Tax on defense equipment

Answer: A
Notes:

Explanation: The Tobin tax is a tax on international financial transactions, specifically short-term foreign exchange transactions. It is also called the Financial Transactions Tax (FTT) or Robin Hood tax.

Source: FORUMIAS

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