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A global financial centre is defined by the presence of a large number of financial institutions and services. These institutions are responsible for facilitating the flow of capital between investors and borrowers, as well as managing financial risks. They also provide a range of financial services, including banking, insurance, asset management, and securities trading. A global financial centre can be thought of as a hub for financial activity, where a significant portion of the world's financial transactions take place. In contrast, a narrow focus on a specific financial sector is not a defining characteristic of a global financial centre. While some financial centres may be known for their expertise in a particular sector, such as New York's dominance in the global equity markets or London's strength in foreign exchange trading, this is not a requirement for a city to be considered a global financial centre. In fact, many of the world's largest financial centres, such as Hong Kong and Singapore, have diversified financial systems that span a range of sectors.
Who will receive this year's Immigrant Achievement Award for their contributions to higher education in the US?
What is the total outlay allocated for the PM Vishwakarma scheme, which aims to uplift artisans and craftspeople across India?
What is the rationale for including Indian Government Securities in global bond indices like Bloomberg EM Local Currency Index and FTSE EMGBI?
_____ edition of Winter olympics was held in Beijing, China from 4 - 20th February, 2022?
Indian state “Kerala” recently launched an android App “Shaili”. Which one of the following is this App related to?
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NPCI sets_____ as a deadline to activate offline payments on RuPay cards.
Which statement is correct about “Dugdh Sanakalan Sathi Mobile App"
a. This mobile application was developed by Rajasthan Electronics & Instr...
The MEP on basmati rice was set at how much per tonne before it was lifted?