question_answer

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

E)  None of the above