2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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World Bank report on migration and development, which country has topped the foreign remittance recipient list by receiving USD 89 billion?
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India
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Russia
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Mexico
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China
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Explanation:
Detailed explanation-1: -India topped the list in the world receiving USD 89 billion in remittance followed by Mexico at USD 54 billion, and China at USD 53 billion last year.
Detailed explanation-2: -In 2022, the top five recipient countries for remittances inflows in current USD were India (100 billion), Mexico (60 billion), China (51 billion), the Philippines (38 billion), and Egypt (32 billion) (ibid.). India has been the largest recipient of remittances since 2008.
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