📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which of the following best describes a Global Financial

      Centre ?
      A A city where only the central bank operates Correct Answer Incorrect Answer
      B A regional market for agricultural commodities Correct Answer Incorrect Answer
      C A hub that provides international financial services and facilitates global capital flow Correct Answer Incorrect Answer
      D A domestic centre for local small-scale industries Correct Answer Incorrect Answer
      E A place that only offers foreign exchange services Correct Answer Incorrect Answer

      Solution

      A Global Financial Centre is a city or region that serves as a major hub for banking, insurance, investment, and other financial services catering to international clients . Examples include New York, London, Singapore, and Hong Kong . These centres play a vital role in mobilizing and allocating global capital efficiently .

      Practice Next
      ask-question