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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.
In which state of India the annual 'Bonalu Festival' was organized?
FedEx has recently appointed whom as its President and CEO?
Which prominent Indian musicians, who are part of the fusion band Shakti, won the Grammy Award in the Best Global Music Album category for their latest ...
What pledge does the “Bal Vivah Mukt Bharat” campaign aim to achieve?
What condition has been set by the International Olympic Committee (IOC) for France to host the 2030 Winter Olympics?
Whom did NPCI International Payments partner with to facilitate global e-commerce payments through UPI?
The Indian Council of Agricultural Research (ICAR) in its ongoing attempts to deepen engagement with the private sector, has now entered into a MoU with...
Swiss brokerage UBS has revised upwards its India growth forecast by 70 bps to________ for the current fiscal.
Which of the following statements is/are correct about the electric microcar "Robin" set to launch in 2025?
1. Robin is a two-seater electric veh...
What is the target capacity for the new terminal building at Lal Bahadur Shastri International Airport, Varanasi?