New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    What are the criteria used to evaluate global financial

    centers?
    A Economic stability, size of the financial services industry, and the cost of living in the city Correct Answer Incorrect Answer
    B Presence of regulatory frameworks, access to capital, and human capital Correct Answer Incorrect Answer
    C Quality of life, cultural diversity, and innovation Correct Answer Incorrect Answer
    D Transparency, infrastructure, and taxation policies Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Global financial centers are evaluated using various criteria to determine their importance and ranking. Transparency, infrastructure, and taxation policies are among the key criteria used to evaluate financial centers. Transparency refers to the level of openness and clarity in financial transactions and regulatory frameworks in the city. Infrastructure includes factors such as transportation, telecommunications, and energy supply that support the functioning of the financial industry. Taxation policies also play a significant role in attracting businesses and investors to financial centers. Other criteria used to evaluate financial centers include the quality of life, access to capital, and human capital. However, the most important criteria are transparency, infrastructure, and taxation policies. Therefore, option D is correct.

    Practice Next