Economics · External Sector & Remittances
Consider the following statements with reference to inward remittances to India: I. India has remained one of the world's leading recipients of inward remittances, with a substantial share originating from Indians working abroad. II. Remittances from the Gulf region continue to be important, but flows from advanced economies have also become increasingly significant. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II
- 2Both I and II✓
- 3II only
- 4I only
Correct answer
Both I and II
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