Question

According to the World Bank, which of the following became the first country in the world to receive $100 billion from remittances during 2022?

A USA Correct Answer Incorrect Answer
B Mexico Correct Answer Incorrect Answer
C Canada Correct Answer Incorrect Answer
D India Correct Answer Incorrect Answer
E France Correct Answer Incorrect Answer

Solution

India will be the first country in the world to receive $100 billion from remittances during 2022, the World Bank has said. Though remittances to the rest of the South Asian countries declined by 10%, it rose by 12% in India’s case.

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