Q. Which of the following country receives the largest remittances in the world?
Answer:
India
Notes: According to estimates it is expected that remittance to be increased by 4.2 % to reach $630 billion in 2022. According to World Bank’s latest Migration and Development report, this increase in remittance will follow an almost record recovery of 8.6$ in 2021. While India, emerged as the largest remittance-receiving country in 2021 while Mexico occupied second place and pushed China to third place.