Question

    Which organization's report projects India's remittances to reach $160 billion by 2029?

    A World Bank Correct Answer Incorrect Answer
    B NITI Aayog Correct Answer Incorrect Answer
    C Ministry of Finance Correct Answer Incorrect Answer
    D Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    E International Monetary Fund (IMF) Correct Answer Incorrect Answer

    Solution

    The RBI's Report on Currency and Finance (RCF) for 2023-24 projects this increase based on trends from the past decade.

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