Question
Consider the following Statements about Global Financial
Centres (GFCs) and choose the option with correct Statements. I- GFCs play a crucial role in supporting international trade, providing a platform for the exchange of goods and services and facilitating cross-border financial transactions II- GFCs offer only a set of limited products which are only in the purview of Core Banking system. III- GFCs are significant contributors to global economic growth, creating jobs, generating tax revenue, and supporting investment and trade.Solution
GFCs play a crucial role in supporting international trade, providing a platform for the exchange of goods and services and facilitating cross-border financial transactions. GFCs often offer specialized financial services tailored to the needs of importers, exporters, and other international trade participants, such as trade finance, foreign exchange, and export credit insurance. GFCs offer a wide range of financial services, including investment banking, asset management, insurance, and trading. These services are essential for businesses, governments, and individuals seeking to raise capital, manage risk, and invest in the global economy. GFCs also provide specialized services tailored to specific regions or markets, such as Islamic finance in the Middle East or wealth management in Singapore. GFCs are significant contributors to global economic growth, creating jobs, generating tax revenue, and supporting investment and trade. They often serve as the primary engines of economic growth for their respective regions, attracting foreign investment and driving innovation and development.
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No dress is western.
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All Indians are traditional.
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I. No dress...
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No Graduation are MBA.
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98% of Convocation are Degree.
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All motivations are training.
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II. Some trai...
Statement:
No cat is dog.
Only a few cats are goats.
Some goats are not rats.
Conclusion:
I. Some goats are rats.
II. No rat is cat.
Statement:
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Only a few Eagles are Sparrow.
Only a few Sparrows are Peacock.
Only Sparrows are Parrot...
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Some diamonds are golds.
Some golds are marbles.
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I. Some diamonds are marbles.
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In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Conclusions:
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Statements:
