Question
What is the role of financial centers in the global
economy?Solution
Financial centers play a critical role in the global economy by facilitating the efficient allocation of capital and resources. Financial centers provide a platform for businesses to access capital and investment, which in turn drives economic growth and development. They also serve as a hub for financial innovation, driving new products and services that improve financial efficiency and promote economic development. While financial centers may provide a safe haven for investors during economic downturns, this is not their primary role. Similarly, while financial regulation and oversight is an important function of financial centers, it is not their primary role in the global economy. Therefore, option B is correct.
Which is Court of record as per Article 129 of the Indian Constitution?
What is the minimum number of members in a public company_______________
Under Section 13 of FEMA, 1999, what is the penalty for contravention of any provision of the Act where the amount involved in the contravention is quan...
Under Section 65 of the Indian Contract Act, 1872, when a contract becomes impossible to perform due to an unexpected event, the contract is:
A warrant trial is instituted:
Whether a horse sold by A to B is sound or not is in question, A says to B –– “Go and ask C, C knows all about it.” C’s statement is?
...Under Section 8 of the PMLA, which entities may file a petition for cancellation of attachment?
What is the term of office for a whole-time member (excluding ex officio members) as per the Airports Authority of India Act, 1994?
Which of the following is not an external aid to construction?
Consider the following statements regarding abetment under Section 45 of the Bharatiya Nyaya Sanhita, 2023:
Statement 1: A person abets the doing...
