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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 many countries are members of the SAARC organization?
What is the name of the comprehensive digital insurance platform launched in collaboration with the United Nations Development Programme (UNDP) India?
India's current account deficit in Balance of Trade is mainly due to:
(a) Increasing imports of oil and petroleum
(b) Increasing impo...
In February 2022, West Bengal government launched an open-air classroomprogramme for students from Class 1 to 7, by the name ________.
With which dancing form is the noted classical dancer Shovana Narayan associated?
In optics, the refractive index of a substance is described by the formula n = c/v, where c is:
What was the venue of Men’s Hockey Asia Cup 2022 in which India defeated Japan to win a bronze medal?
Which of the following has the highest value of resistivity?
According to the Economic Survey of India 2022-23, the School Gross Enrolment Ratio is the highest at which level of schooling as per the latest data av...
What do you mean by balanced budget?