What is the role of financial centers in the global economy?
Financial centers play a critical role in the global economy by facilitating the efficient allocation of capital and resources. Financial centers provide a platform for businesses to access capital and investment, which in turn drives economic growth and development. They also serve as a hub for financial innovation, driving new products and services that improve financial efficiency and promote economic development. While financial centers may provide a safe haven for investors during economic downturns, this is not their primary role. Similarly, while financial regulation and oversight is an important function of financial centers, it is not their primary role in the global economy. Therefore, option B is correct.
Consider the following statements about “Competition Commission of India (CCI)”:
I. The commission is a quasi-judicial body.
II. CC...
Consider the following statements about alluvial soils.
1. One of the most important and fertile soils of India they support the growth of a wide...
FRONX is a car by a trusted Car Brand, it is manufactured in which of the following countries?
Which of the following options accurately describes Blue Bonds?
In a desert, X and Y are two spots that are separated by 100 km. At point X, are placed two pillars, one black and one white. Along the line joining X ...
First session of Indian National Congress held in ______
Which of the following savings schemes provides the highest interest rate as of June 2023?
The ‘Servants of India Society’ was the brainchild of which of the following leaders?
Which of the following locations is not part of the tropical archipelago of Lakshadweep, consisting of 36 atolls and coral reefs situated in the Laccadi...
Which of the following statements about curative petition is/are correct?
1. It can be entertained by the Supreme Court of India only.
2. ...