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The primary functions and objectives served by the GFCs include: Facilitating capital flows: GFCs are essential in facilitating capital flows between countries and regions. They provide a platform for investors and borrowers to access global capital markets and facilitate the transfer of funds across borders. Attracting foreign investment: GFCs also play a crucial role in attracting foreign investment, both direct investment and portfolio investment. This investment can help to drive economic growth and development, create jobs, and support innovation and entrepreneurship. GFCs often offer a range of financial incentives and infrastructure to attract foreign investment, such as tax breaks, business-friendly regulations, and high-quality physical and digital infrastructure. Supporting international trade - 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.
Which of the following is not a type of bank in India?
As of 2024, which company became the first in the gem and jewellery sector in India to be granted Authorised Economic Operator (AEO) status?
State whether the following statements are true/false:
1 A fixed budget is prepared for only Range of activity.
2 A flexible budget is pre...
Which of the following metric of the bank is dependent on the movements of the interest rate?
How does inflation in a country affect its currency's exchange rate?
In which of the following leadership style, a leaders is considered genuine and honest and cares for the employees’ opinion?
Which of the following statements is/are correct about the city of Shanghai as a global financial center?
1) Shanghai has the highest number o...
In 2023-24 (FY24), how much worth of sovereign gold bonds (SGBs) did the Reserve Bank of India sell, marking the highest-ever response to the instrument...
Under which of the following type of guarantees, the banker guarantees payment of installments spread over a period?
What is the new name of Edelweiss General Insurance?