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While the terms financial center and financial hub are often used interchangeably, there is a subtle difference between the two. A financial center typically refers to a large city or region that serves as a hub for financial activity, while a financial hub refers to a specific sector within a financial center that is focused on a particular type of financial service, such as investment banking or insurance. Financial hubs tend to be more specialized and focused on particular financial sectors, while financial centers tend to offer a broader range of financial services. Therefore, option C is correct.
Which of the following is NOT a duty of a trustee under the Indian Trusts Act, 1882?
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?
Which of the following is the utility of Equity Multiplier for the investor?
What is a successful global financial center characterized by?
Calculate the asset turnover from the above information.
Capital gearing ratio is?
As per which convention, trivial transactions can be ignored?
What incentives are provided for LCs with surplus debt securities borrowings exceeding 25% of qualified borrowings for FY "T+2"?
What does a domestic company mean as per the SEBI (International Financial Services Centres) Guidelines, 2015?
As per the Foreign Trade Policy (FTP) 2023, certain transactions are classified as "deemed exports," where goods do not physically leave the country, bu...