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<html><body><h2 id="content-id-7865102349-2"><b>Current Affairs Questions Overview</b></h2><p>Current Affairs Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Current Affairs Questions.</p><h2 id="content-id-9125403768-3"><b>Question On Current Affairs </b></h2>In January 2024, the government reduced the windfall tax on crude petroleum. What types of taxes are included in the windfall tax?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-9821530467-4"><b> Current Affairs Questions Options</b></h2><ol><li><p>Wealth Tax</p>
</li><li><p>Special Additional Excise Duty</p>
</li><li><p>GST</p>
</li><li><p>Sales Tax</p>
</li><li><p>Corporate Tax</p>
</li></ol> <h2 id="content-id-2409578136-5"><b> Current Affairs Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>Special Additional Excise Duty.</strong></p>

<p>In January 2024, the government reduced the windfall tax on crude petroleum. The windfall tax includes <strong>Special Additional Excise Duty (SAED)</strong>, which is levied on the excessive profits earned by petroleum producers during periods of high global oil prices. This tax aims to capture a portion of the unexpected gains that these companies make, and its rate can vary based on market conditions and price fluctuations in the global oil market.</p>




<h2 id="content-id-8653912704-6"><b> Current Affairs Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Current_Affairs_Questions_Tips_and_Tricks.png" alt="Current Affairs Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Current Affairs Questions without taking any help from the solutions.</li><li>Current Affairs Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ibps Clerk Exam you can refer the following link <a href="https://study.kdcampus.live/ibps-clerk" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Current Affairs Questions. She has guided her team to provide the best explanation for the question.</body></html>


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