CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The International Day of Family Remittances is marked annually on which day?
A
16 June
B
15 June
C
14 June
D
13 June
Explanation: 

Detailed explanation-1: -The International Day of Family Remittances (IDFR) was adopted by the United Nations General Assembly and is observed on 16 June. The IDFR recognizes more than 200 million migrant workers, women and men, who send money home to over 800 million family members.

Detailed explanation-2: -Every year, the day is observed under some or the other theme, but this year the United Nations is continuing last year’s theme which is ‘Recovery and resilience through digital and financial inclusion.

Detailed explanation-3: -Remittances are the financial side of the social contract that binds migrants to their families back home. While these inflows total in the billions, the number that matters the most to families is the average remittance of US$200-US$300 a month.

Detailed explanation-4: -International Day of Families, 15 May – Home.

Detailed explanation-5: -The estimated increase in 2022 follows a 10.2 percent growth registered in 2021, when remittance flows reached USD 597 billion, exceeding earlier estimates (ibid.).

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