Question
How can global financial centers (GFCs) contribute to
capital account convertibility?Solution
Providing a platform for cross-border financial transactions: GFCs often offer a wide range of financial services, including foreign exchange, trade finance, and international payment systems, that facilitate cross-border financial transactions. These services can help to make it easier and more efficient for individuals and institutions to move capital across borders, reducing transaction costs and increasing the speed and volume of cross-border flows.
- If βAβ, βBβ and βCβ are in proportion in the given order while βAβ = 9 and βBβ = 45, then find the value of βCβ.
The ratio of income of A and B is 4:9 and their expenditures are in the ratio of 1:4. If the 40% more than the income of A is equal to the expenditure o...
Rs 11,550 has to be divided between X, Y & Z such that X gets 4/5 of what Y gets and Y gets 2/3 of what Z gets. How much more does Z get over X (in Rs)?
Find the third proportional to 13 and 39?
Harsh is having Rs 40000. He deposited it in 2 banks. Interest given by first bank is 10.5%per annum and that of 2nd bank is 5.5%per annum. I...
Rs 1296 was divided among Anil, Bhanu and Charan in the ratio of 10:5:12 respectively. Find the amount received by Anil and Bhanu together.
Some balls are to be distributed among some boys. If 4 more balls are available, each boy gets 6 balls. If 3 less balls are available, each boy gets 3 b...
In an office, the ratio of the number of males to number of females is 11:8. If 3 males joined the class and 6 females left the class, then the ratio of...
In a factory, the ratio of number of male to female employees are 7: 18. If 27 male employees and 12 female employees left the factory, then the ratio b...
The ratio of the marks obtained by Priya, Neha, and Riya is 4:7:9 respectively. Sheetal scored 5 marks less than Neha. If the difference between Riyaβ...