Cause: The Govt has recently increased its taxes on petrol and diesel by about 10 per cent.

    Which of the following can be a possible effect of the above cause?

  • The petroleum companies will reduce the prices of petrol and diesel by about 10 per cent.
  • The petroleum companies will increase the prices of petrol and diesel by about 10 per cent.
  • The petroleum companies will increase the prices of petrol and diesel by about 5 per cent.
  • The petrol pumps will stop selling petrol and diesel till the taxes are rolled back by the Govt.
  • None of these

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Cause: The Govt has recently increased its taxes on petrol and diesel by about 10 per cent. Wh
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