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.
Which department received the Skoch SILVER Award 2023 for e-Governance?
Where is the world's first conservation and breeding centre for Asian king vultures being established?
______is the ability of a single cell to produce a fertile, adult individual.
What was the primary goal of launching the Swachh Bharat Mission (SBM) on 2nd October 2014?
In which city will the FIFA Club World Cup 2023 be organized?
What is the main objective of KYC guidelines followed by Banks?
I- It helps prevent banks from using criminal networks.
II- KYC helps the ...
Which state received the highest Foreign Direct Investment (FDI) in Q1 FY25?
For which class of students is the National Talent Search Examination (NTSE) conducted by the National Council of Educational Research and Training (NCE...
What is the destination of India's first solar observatory mission, Aditya-L1, following its launch onboard the Polar Satellite Launch Vehicle (PSLV-C57...
Who among the following won the ‘3rd Rabindranath Tagore Literary Prize’ for his novel ‘The City and The Sea’ in December 2020?
