Question

Which of the following statements is/are correct about the city of Singapore as a global financial center? 1) Singapore is the world's largest center for offshore banking. 2) Singapore has the highest number of hedge funds in the world. 3) It is at the 4th position as per Global Financial Centres Index.

A 1 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3
E 3 only
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