Question
Consider the following statements: 1)India has
the largest emigrant population and is the top remittance recipient country. 2)Remittances are the largest major source of external financing. 3) According to the world bank remittances are set to increase to USD 500 Billion by the end of 2022. Which of the statements given above is/are correct?Solution
India has the largest emigrant population and is the top remittance recipient country with remittances anticipated to reach a milestone of USD 100 billion in 2022 according to the World Bank. Hence, statement 1 is correct and statement 3 is incorrect. Remittances are the second largest major source of external financing after service export, which contributes to narrowing the CAD (Current Account Deficit) and has always been a stable constituent of the BoP (Balance of Payments). Hence, statement 2 is not correct.
Two candidates are contesting in an election. All votes are valid votes. A candidate who gets 38% of votes is rejected by 28,800 votes. The total numbe...
- A person "P" allocates their monthly income as follows: First, 25% is spent on education. From the remaining amount, 40% is used for food. After that, 20% ...
Income of Arjun is 25% more than the expenditure of Varun. Income of Varun is 60% more than the expenditure of Arjun. If savings of Varun is Rs. 5,000 m...
Simran scored 25% marks in a test and failed by 50 marks, whereas Neil scored 40% marks in the same test and failed by 20 marks. Find the passing marks ...
The population of a city is decreased by 14% in the first year and then increased by 25% in the second year. Find the population of the city at the end...
- Initially, Meena had a salary of Rs. 45,000 and her expenses to savings were in the ratio 5:4. After her salary increase, she spent 10% less and saved 50% ...
In a colony, there are 30 APL families and 36 BPL families. Each APL and BPL family got blankets equal to 25% and 75%, respectively of total number of f...
- In a village, 25% of the people are not allowed to vote. Out of the eligible voters, 40% are females. If (1/4)th of eligible female voters and (5/10)th of ...
810 sweets were distributed equally among children in such a way that the number of sweets received by each child is 40% of the total number of children...
A man invested all his current month income in starting of a new business in which he spends 40% in advertisement 20% of remaining in furniture 10% of r...
