BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is considered as the financial capital of India?
A
New Delhi
B
Kolkata
C
Bangalore
D
None of these
Explanation: 

Detailed explanation-1: -Mumbai is the financial, commercial, and the entertainment capital of India.

Detailed explanation-2: -Financial capital most commonly refers to assets needed by a company to provide goods or services, as measured in terms of money value. Economic capital is the estimated amount of money needed to cover possible losses from unexpected risk. A firm’s economic capital number can also be seen as a measurement of solvency.

Detailed explanation-3: -Bengaluru will be India’s “economic capital” in the next five years, Karnataka Chief Minister Basavaraj Bommai asserted on Friday.

Detailed explanation-4: -New York City remains the largest centre for trading in public equity and debt capital markets, driven in part by the size and financial development of the U.S. economy. The NYSE and NASDAQ are the two largest stock exchanges in the world.

There is 1 question to complete.