Question

    As per the World Bank report which country received highest amount of remittance in 2015: 

    A China Correct Answer Incorrect Answer
    B India Correct Answer Incorrect Answer
    C USA Correct Answer Incorrect Answer
    D Mexico Correct Answer Incorrect Answer
    E Philippines Correct Answer Incorrect Answer

    Solution

    Despite a drop of one billion USD from the previous year, India has become the world's largest remittance recipient in 2015. In 2015, India attracted a total of 69 billion USD and in 2014, the country had received 70 billion USD. The report, Migration and Development Brief, has been published by World Bank. After India, the highest remittance recipient in 2015 were China (64 billion USD), Philippines (28 billion USD), Mexico (25 billion USD) and Nigeria (21 billion USD)

    Practice Next

    Relevant for Exams: