Question

    According to a report by the World Bank, India is

    expected to be the top recipient of remittances in 2023 as inflows increase 12.4 per cent to $125 billion. Which country is going to rank second in terms of the recipient of remittances? 
    A USA Correct Answer Incorrect Answer
    B China Correct Answer Incorrect Answer
    C UK Correct Answer Incorrect Answer
    D Mexico Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    India is expected to be the top recipient of remittances in 2023 as inflows increase 12.4 per cent to $125 billion. Mexico will come next by receiving $67 billion and China will follow it at $50 billion.

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