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.
In a factory which manufactures calculators, machines A, B and C manufacture respectively 25%, 35% and 40% of the calculators. Of their outputs, 5, 4 an...
The probability that Leah will be accepted into program P is 60% and into program Q is 40%. Leah prefers program 'P' first, then 'Q', and finally 'R'. A...
Tokens numbered 1 to 350 are in a bag. What is the probability that the Token drawn has a number which is a multiple of 6 or 7?
In a class, there are 16 boys and 24 girls. One of them is called out by an enroll number. What is the probability that the one called is a girl?
In a lottery, there are 12 prizes and 16 blanks. A lottery is drawn at random. What is the probability of getting a prize?
...In a box there are 8 red, 7 blue, and 6 green balls. One ball is picked up randomly. What is the probability that it is neither red nor green?
What is the probability that a number selected from 1,2,3.......................68,69,70, is perfect square or a perfect cube?
A bag contains 12 white and some black balls. If the probability of drawing a black ball from the bag is thrice that of drawing a white ball, fin...
A bag contains black and white balls, such that the probability of picking a black ball is 4/7. If the probability of picking two black balls without re...
Three cards are drawn one after another with replacements from a pack of cards. What is the probability of getting the first card a Jack, the second car...
