Question
What is an example of a specialized financial service
offered in the Middle East?Solution
Regional financial centers serve specific regional economies rather than just national economies. Examples include Singapore and Hong Kong for Asia, and Dubai for the Middle East. They are smaller than traditional centers but still play a significant role in the global financial system. They offer specialized financial services tailored to their respective regions, such as Islamic finance in the Middle East and wealth management in Singapore.
Systemically Important NBFCs are:
Which of the following is NOT a valid purpose for creating a trust under the Indian Trusts Act, 1882?Â
Which of the following statements is/are not correct in regards to the service sector in Economic Survey 2022-23?
1.RBI estimated 6.8% of retail ...
According to Rule 12 of the IFSCA (Banking) Regulation, 2020 cash transactions in foreign currency accounts __________.
Which of the following is not one of the features of a Global Financial Centre?
Which of the following reports are on the rankings of financial centers in the world?
The highest surcharge rate of 37% on income above 5 crores shall be reduced to ______ % under the new tax regime.
On which date was the India International Bullion Exchange IFSC Limited (IIBX) launched?
Which of the following are under the 6 Challenges to Global Growth, according to the Economic Survey 2022-23?
1.   Synchronized policy rat...
What kind of infrastructure gives the highest impetus for a successful global financial center?