Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 121)

2024-05-09 Finance

121.

Which country leads global remittances, surpassing the $100 billion mark in 2022?

India

Mexico

China

Philippines

Answer: Option

Explanation:

India emerged as the world leader in remittances in 2022, receiving over $111 billion, surpassing the $100 billion milestone for the first time. This significant achievement underscores India's pivotal role in the global remittance landscape, as highlighted by the International Organisation for Migration (IOM) and the UN's World Migration Report 2024.