2016
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which country is the World’s largest remittance recipient in 2015
|
|
India
|
|
|
China
|
|
|
Mexico
|
|
|
Nigeria
|
Explanation:
Detailed explanation-1: -Impact on National GDP While India tops the list of countries benefitting from remittances, its $100 billion received amounts to only 2.9% of its 2022 GDP. Meanwhile, low and middle-income countries around the world heavily rely on this source of income to boost their economies in a more substantive way.
There is 1 question to complete.