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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.
Which is correct step by step process of risk management:
Which of the following lays out the standard of ethical behavior expected from employees?
A.Code of ethics
B.Code of conduct
...
As per the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks, on the basis of credit risk ...
Which of the following is the primary purpose of a Letter of Credit (LC) in trade finance?
Which currencies were included in LIBOR?
Consider the following statements regarding Central Bank Digital Currency (CBDC):
1) RBI has launched pilots of CBDC in the Retail segme...
What is the primary function of Credit Information Companies (CICs)?
Vivek is a foreign exchange dealer. He enters into a forex position and forgets to square the over bought position in a foreign currency. Which of the f...
Which of the following is a measure of how the returns of two risky assets move in relation to each other?
The amount credited in EEFC a/c on March 04' 2024, and remaining unutilized would be mandatorily converted to INR on ___