New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which of the following countries in south asia received

    the lowest remittance in 2022?
    A Nepal Correct Answer Incorrect Answer
    B Bangladesh Correct Answer Incorrect Answer
    C Pakistan Correct Answer Incorrect Answer
    D Sri Lanka Correct Answer Incorrect Answer
    E India Correct Answer Incorrect Answer

    Solution

    In India, the 8 percent increase in remittances in 2021 and the historic 24.4 percent rise in 2022 led remittances to peak at $111 billion, representing 63 percent of South Asia’s total remittance flows. South Asia’s remittances’ boom in 2022 may not have registered large inflows in the central banks’ official statistics in Bangladesh, Pakistan, and Sri Lanka. 

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