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Directions: Kindly read the passage carefully and answer the questions given beside.
India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.
The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.
Q. What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?
  • a)
    The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.
  • b)
    The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.
  • c)
    Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.
  • d)
    Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Directions: Kindly read the passage carefully and answer the questions...
The underlying assumption in the statement that the creation of international fintech bridges have helped to ease cross border friction and support businesses to scale up is that cross-border friction and lack of support have been a significant hindrance to the growth of fintech businesses. Option C correctly captures this assumption by highlighting that the lack of support and cross-border friction have been a significant challenge for fintech businesses.
Option A is a potential weakening statement that suggests that the creation of international fintech bridges may have created additional bureaucracy and red tape. Option B is another weakening statement that suggests that the benefits of the international fintech bridges may be limited to only certain sectors or regions, with businesses in other industries or areas not seeing any real benefit. Option D is also a weakening statement that suggests that while the international fintech bridges may have eased cross-border friction for some businesses, there is no evidence that they have actually led to significant scaling up of these businesses.
Thereby, option C is the correct answer.
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Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.Which of the following statements provides support for the argument that recognizing UK and Indian professional qualifications is essential for fintech businesses?

Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.Which of the following provides the most accurate explanation of the primary conclusion drawn from the argument above?

Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.Which of the following statements undermines the argument that all health promotion initiatives, disease prevention, including vaccinations, and the management of minor illnesses and accidents, should be universally accessible at no cost through government funding, with a particular focus on impoverished individuals?

Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What could be a reasonable explanation for the satisfaction and prosperity of the dominant, unregulated, profit-driven private sector, including the health insurance sector?

Directions: Read the passage and answer the question that follows.The University Grants Commission has drafted guidelines for Professor of Practice positions in universities and colleges. The Commission's secretary, Rajnish Jain, has written to industry bodies, including FICCI, CII, ASSOCHAM and NASSCOM regarding the rules for engagement. He has pointed out that the National Education Policy 2020 recommends transformative reforms in the higher education sector. The main thrust of the policy is the promotion of holistic and multidisciplinary education. Integration of academic scholarship with practical experience is an important step in the context of holistic and multidisciplinary education. Towards this, the UGC has taken a new initiative of engaging Professor of Practice in Higher Educational Institutions (HEls). The document states that experts with remarkable contributions in their professions from various fields, with proven expertise in their specific professions are eligible to be Professor of Practice. A formal academic qualification is not essential if they have exemplary professional practice in lieu and nor will they be required to have authored publications. Such faculty may be involved in developing and designing courses and curriculum; deliver lectures; mentor students; improve industry-academia collaboration; conduct with regular faculty members workshops, seminars and training programmes besides research projects.[Extracted with edits and revisions from The Hindu, October 1, 2022]Q. Consider the following statements and mark the correct option.Statement I: Any expert having 10 years or more experience in a particular field is eligible to become the Professor of Practice.Statement II: The posts of Professors of Practice must not surpass 10 per cent of the sanctioned faculty number in an institute.

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Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer?
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Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Kindly read the passage carefully and answer the questions given beside.India has a flourishing fintech ecosystem and the UK’s strength in tech, digital trade and investment provides much scope for collaboration. There are now more than 250,000 operations and technology professionals in India working directly for the UK financial services sector. The creation of international fintech bridges (five currently) have helped to ease cross border friction and support businesses to scale up. Fintech businesses need access to top talent and skills from financial experts to data analysts and this is being enabled by the UK government’s rollout of visas, including the new Scaleup visa and Migration and Mobility partnership with India. As we approach the conclusion of UK-India trade deal talks both UK and Indian businesses need to make commitments that will unlock investment such as greater financial regulatory cooperation, actions to enable smoother digital trade and free flow of data, ease in movement of people, recognition for UK and Indian professional qualifications, and strong investment protection provisions for UK businesses operating in India. Both sides have made great progress in these areas.The UK is the sixth largest investor in India, whilst India stands as the second largest investor in the UK. This investment relationship supports over half a million jobs across both economies. Meanwhile The London Stock Exchange is the leading international listing venue for rupee denominated bonds, having listed 48 bonds which have raised $7.16 billion. At a time when much of the world is seeing the rise of geopolitical tensions, the UK and India have decided to pursue a different path of cooperation, peace and low carbon growth. On green finance, for India to achieve its net zero targets, it will need to unlock the private capital. This is an area where the UK’s world leading expertise in green finance can assist.Q.What is the underlying assumption behind the statement that the establishment of international fintech bridges (currently five) has facilitated the reduction of cross-border obstacles and the promotion of business expansion?a)The establishment of international fintech bridges might have introduced additional bureaucracy and administrative hurdles for businesses to navigate.b)The advantages of international fintech bridges could be confined to specific sectors or geographical areas, with businesses in other industries or regions not experiencing tangible benefits.c)Cross-border frictions and a lack of support have constituted significant impediments to the growth of fintech enterprises.d)Although the international fintech bridges may have alleviated cross-border frictions for some businesses, there is no concrete evidence that they have genuinely led to substantial business expansion.Correct answer is option 'C'. 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