According to the latest report by the World Bank titled ‘World Bank’s Remittance Prices Worldwide Database’, India became the world’s largest recipient of remittances by receiving USD 87 billion in 2021. The United States (US) was its biggest source, accounting for over 20% of these funds. India is followed by China, Mexico, the Philippines, and Egypt. In India, remittances are projected to grow 3% in 2022 to USD 89.6 billion.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
In a key development aimed at boosting hydropower capacity in the Northeast, SJVN Ltd, a…
The PoshanTracker Application, developed by the Ministry of Women and Child Development (MoWCD), has been…
The 2025 edition of TIME Magazine's 100 Most Influential People list features high-profile global figures…
At the Asian U-18 Athletics Championship held in Dammam, Saudi Arabia, 16-year-old Nishchay from Haryana…
Reserve Bank of India (RBI) issued revised directions allowing minors aged 10 years and above…
In a significant administrative reshuffle within the Delhi High Court, Special Judge Kaveri Baweja has…