What is capital account convertibility?
Capital account convertibility refers to the freedom to convert a country's domestic currency into foreign currency and vice versa, without any restrictions or limitations. It allows individuals and institutions to move their money across borders, invest in foreign assets, and take profits or dividends from those investments back to their home country. GFCs can play a significant role in facilitating capital account convertibility, i.e. the ability of individuals and institutions to freely move capital in and out of a country's financial system. Global financial centers play an important role in facilitating capital account convertibility, by providing a platform for cross-border financial transactions, developing financial infrastructure, encouraging foreign investment, promoting financial liberalization, and influencing international financial policy.
The company's CEO decided to ____________ the new marketing campaign due to budget constraints, even though it showed promising results in initial test...
Insurance law has to be revisited to ensure that there is guarenteed renewal of policies.
This statement is________.
Choose the word which is the most opposite in meaning to the word ‘vested’ as used in the passage.
Private sector lendors have been found guilty of _________________ ?
Which of the following is definitely not true according to the passage?
Antonym of revitalize
Choose the word which is the most opposite in meaning to the word ‘insinuating’ as used in the passage .
CONSENSUS
Which one of the following maybe a suitable meaning of the following phrase ‘raised dust and storm’ as used in the passage above.
...Choose the word which is the most opposite in meaning to the word ‘insinuating’ as used in the passage .
