Many a time we come across a term 'DDT' in the financial/ economic transactions. What is the full form of the same?
A
Direct Distribution Treaty
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B
Dividend Distribution Tax
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C
Delhi Denmark Treaty
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D
Direct Distribution Terminals
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Solution
The correct option is B Dividend Distribution Tax Dividend Distribution Tax (DDT) is the tax levied by the Indian Government on companies according to the dividend paid to a company's investors.