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    Question

    According to GFCI 38, which of the following statements

    is correct?
    A The top-ranked global financial centre in GFCI 38 is London. Correct Answer Incorrect Answer
    B Hong Kong improved its rating significantly compared to the previous edition and remains ranked third. Correct Answer Incorrect Answer
    C The gap in rating points between the top four centres in GFCI 38 is more than 10 points. Correct Answer Incorrect Answer
    D The index shows cost of doing business was identified as the most important regulatory factor for financial centres. Correct Answer Incorrect Answer
    E Singapore ranked below 10th place in GFCI 38. Correct Answer Incorrect Answer

    Solution

    In GFCI 38, Hong Kong remained ranked third with a rating of 764. Option A is incorrect because the top-ranked centre is New York City (Rank 1). Option C is incorrect because only one rating point separates each of the top four centres in GFCI 38. Option D is incorrect because “cost” was identified as the least important aspect of regulation, not the most. Option E is incorrect because Singapore ranked 4th in GFCI 38.

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