Mrunal's Official Channel: General Studies, Current Affairs, Economy for UPSC

Timestamp 00:00 Introduction 00:23 Export business of Petroleum Refiners 01:58 Rationale behind windfall tax 02:46 Various taxes on Petrol 03:39 Chronology samajiye 04:23 TVF-Aspirant Sandeep Bhaiya 05:21 Agriculture minimum export price 06:17 Tough MCQ from UPSC CDS Exam 07:52 Ad-Valorem Tax 09:00 UPSC Testing IQ nahi EQ? 09:44 GST Vs Excise In this video, renowned UPSC educator Dr. Mrunal Patel (@TheMrunalPatel) explain the recent windfall tax imposed by the Indian government on petroleum refineries. We discuss what a windfall tax is, why it was implemented, and how it will affect the industry and consumers. We’ll also solve an MCQ from latest UPSC CDS Exam! Keywords: windfall tax, petroleum refinery, India, government, fuel prices from 2022-July this tax was imposed on exports of crude oil, petrol, diesel and aviation fuel (ATF) etc. to regulate private refiners who wanted to sell fuel overseas instead of locally in a bid to gain from higher margins (profits). MCQ from UPSC-CDS-2024 exam: Which of the following components of Central Government taxes on petroleum products is/are not shareable with the States? 1. Basic Excise Duty 2. Additional Excise Duty 3. Special Additional Excise Duty Codes: (a) 1 and 2 only. (b) 1, 2 and 3 (c) 3 only. (d) 2 and 3 only ~~~~~~~~~ 1. 🚨 Unacademy Manzil 2024 - The Biggest Event for UPSC | LIVE Event👈 Event Link:

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~~ 🤙 Call @TheMrunalPatel's team on 8585858585 and take your UPSC CSE Preparations to the next level. ~ Let's crack it 🚀 #economy #mrunalpatel #upsc #windfalltax #currentaffairstoday #reliancepower #jiobp #reliancebpmobility #reliancepetroleum #mukeshambani #relianceindustries #oilandenergy #indianpetroleum #energysector #privatesector #ril #oilcompany #oilrefinery #jamnagar #crudeoil #exciseduty #specialadditionalexciseduty #roadinfrastructure #windfall #taxation #gst #indiangovernment #uniongovt #crudeoilprice #petrol #diesel #diesel #avaition #turbine #fuel #economyterms #economyupdates #economyexplained #customduty #export #inflation #upscexam #upsccds #cds2024 #economypyq #upscpyq #paperanalysis #prelimsmcq #upscmcq #economymcqs…

Timestamps: 00:00 Intro 00:50 Undervalued Yuan to boost export 03:20 Keeping rupee undervalued 03:47 Forex Reserve of China vs India 05:15 Unacademy Manzil with Sandeep Bhaiya 06:38 China dumping USA Bonds 07:56 De-dollarisation / De-Risking 10:30 To prevent fall of Yuan 12:04 Mutually Assured Financial Destruction (MAFD) In this video on the global economy, the renowned UPSC educator Dr. Mrunal Patel (@TheMrunalPatel ) explains the ongoing issues surrounding USA treasury bond sell-off by China, and the associated concepts, such as undervalued Yuan, De-dollarisation, forex reserve, et cetera. ~~~~~~~~~~~~~~~~~~~ 🚨 Unacademy Manzil 2024 - The Biggest Event for UPSC | LIVE Event👈 The Biggest Event For UPSC CSE 🗓 Block Your Calendar | 28 April | 01 PM Event Link:

⚡[Most Important Links]⚡ 1. 👨‍🏫 Enroll Now for the WIN’24 Series by Mrunal Patel:

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3. ⬇️ Download the Previous Year Topic Wise Question papers (Please scroll down for the same):

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