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Discussion Forum : National - Latest Current Affairs (Q.No. 7182)
7182.
Which of the following is the top remittance-receiving country in 2016?
Japan
China
India
New Zealand
Answer: Option
Explanation:
Indians working across the globe sent home USD 62.7 billion last year, making India the top remittance-receiving country surpassing China, according to a UN report. The 'One Family at a Time' study by the UN International Fund for Agricultural Development (IFAD) said about 200 million migrants globally sent more than $445 million in 2016 as remittances to their families, helping to lift millions out of poverty. 80 per cent of remittances are received by 23 countries, led by India, China, the Philippines, Mexico and Pakistan.
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