New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Zurich is considered as a Niche Financial Centre. It

    focuses on ________.
    A Wealth Management Correct Answer Incorrect Answer
    B Banking Correct Answer Incorrect Answer
    C Venture Capital Correct Answer Incorrect Answer
    D Insurance Correct Answer Incorrect Answer
    E Equity Funding Correct Answer Incorrect Answer

    Solution

    Niche financial centers focus on specific financial activities, such as commodity trading, foreign exchange, or insurance. Examples include Zurich for insurance and Geneva for wealth management. These centers offer specialized services and expertise in their respective areas and often have a competitive advantage over larger centers that offer a more diverse range of services.

    Practice Next