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A global financial centre is defined by the presence of a large number of financial institutions and services. These institutions are responsible for facilitating the flow of capital between investors and borrowers, as well as managing financial risks. They also provide a range of financial services, including banking, insurance, asset management, and securities trading. A global financial centre can be thought of as a hub for financial activity, where a significant portion of the world's financial transactions take place. In contrast, a narrow focus on a specific financial sector is not a defining characteristic of a global financial centre. While some financial centres may be known for their expertise in a particular sector, such as New York's dominance in the global equity markets or London's strength in foreign exchange trading, this is not a requirement for a city to be considered a global financial centre. In fact, many of the world's largest financial centres, such as Hong Kong and Singapore, have diversified financial systems that span a range of sectors.
1. The government of India has embarked
P. the people to choose their actual
Q. election in Jammu and Kashmir to allow
R. on a cons...
Which is the SIXTH (LAST) sentence of the paragraph?
The Public Accounts Committee of the State Assembly, which onset (A) the works and schemes of various departments of Chengalpattu district, _________...
Which of the following is the first sentence of the passage?
Below is given a sentence with an emboldened part. The part may or may not be grammatically correct. The question is followed by three alternatives tha...
Which one among the following is the third sentence to make the paragraph coherent?
Which is the FOURTH sentence of the paragraph?
Which of the following is the third sentence of the passage?
I. The Indian population A. is one of the significant –B. growing major economies in the wor...