Question
In the Global Financial Centres Index 38 (GFCI 38)
published in September 2025, which city ranked top in the dedicated FinTech sub-ranking?Solution
The GFCI 38 report states: “We are able to assess 116 centres for their FinTech offering. Hong Kong takes top position followed by Shenzhen, with New York falling to third place. Singapore has overtaken London to take fourth position.
What is the "Rebound Effect" (or Jevons Paradox) in the context of environmental policy?
In the Solow Growth Model, if an economy is at its 'Steady State' and there is a sudden increase in the rate of technological progress (g), the long-run...
Match the following schools of economic thought with their seminal major works and select the correct combination from the options provided.
 In the Lewis model, what does the term “surplus labor” refer to?
Based on the IS curve and LM curve you have derived in Q36 and Q37, what is the equilibrium income?
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
The concept of 'Green GDP' adjusts traditional GDP figures by accounting for:
A Type I error occurs when we:
The Likelihood Ratio (LR) Test is often preferred over the Wald Test or the Lagrange Multiplier (LM) Test for hypothesis testing in models like Maximum ...
Which of the following statements is not true regarding CIBIL?
