Question

Which of the following country tops the list in accepting remittance?

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

Solution

At present, India is the largest remittance receiver in the world as per the Migration and Remittance Fact Book 2016 released by World Bank. The annual remittance received by India is around $ 62 bn. India is followed by China, Philippines and Pakistan. Top remittance sending countries: USA, Saudi Arabia, Russia  

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