Question
Which of the following is an example of an offshore
financial center?Solution
Offshore financial centers: Offshore financial centers (OFCs) are jurisdictions that provide tax and regulatory advantages to businesses and individuals. These are centres that are primarily tax havens for wealth management and global tax management rather than providing the fully array of international financial services. Examples include the Cayman Islands, Bermuda, and the British Virgin Islands. These centers offer low taxes, minimal regulation, and strict secrecy laws that make them attractive to those seeking to reduce their tax burden or conceal their financial activities. However, OFCs have faced criticism for facilitating tax evasion and money laundering.
In time series analysis, which component is best described as the long-term movement in data values that is not affected by seasonal or random fluctuati...
Which of the following is a key difference between TCP and UDP in the transport layer of the TCP/IP model?
Which of the following is a characteristic of a relational database management system (RDBMS) that distinguishes it from other database systems?
Why is sampling an essential method in data analysis, especially when dealing with large datasets?
Which forecasting method is most appropriate for time series data with a consistent trend but no seasonality?
What is the difference between a list and a tuple in Python?
Which IoT communication protocol is lightweight and optimized for constrained devices?
In data cleaning, which technique is most effective in handling outliers in a dataset that could skew analysis?
In Python, missing values in DataFrame are represented as:
Which of the following is NOT true about binary search ?
