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Capital account convertibility refers to the freedom to convert a country's domestic currency into foreign currency and vice versa, without any restrictions or limitations. It allows individuals and institutions to move their money across borders, invest in foreign assets, and take profits or dividends from those investments back to their home country. GFCs can play a significant role in facilitating capital account convertibility, i.e. the ability of individuals and institutions to freely move capital in and out of a country's financial system. Global financial centers play an important role in facilitating capital account convertibility, by providing a platform for cross-border financial transactions, developing financial infrastructure, encouraging foreign investment, promoting financial liberalization, and influencing international financial policy.
How is R related to P?
N, O, Q, R, S and T are seven members in a family. N is married to Q, who has two children, O and R. T is the only son of S, who is sister- in- law of R...
Prashant Arora has three children - Sangeeta, Vimal and Ashish. Ashish married Monika, the eldest daughter of Mr. and Mrs. Roy. The Roys married their y...
If R has only one child and there are four male members in the family then how is the child of R related to Y?
Y is the daughter of H, who is married to Z. W is the son of Z, who is the father of V. V is not a female. How many girl child does H have?
How is O related to A?
How N related to M?
Statement: P ≥ Q ≥ R = S > T, U > V = W ≤ R
Conclusion: I. R ≥ U II. U > S
...R's brother T, is the grandfather of V's son. How is T related to V if V has no siblings?
How D is related to E?