Current Affairs

GK MCQs Section

Topic: Remittance

World Bank Migration and Development Brief

The World Bank recently released its 37th Migration and Development Brief 2022 titled ‘Remittances Brave Global Headwinds, Special Focus: Climate Migration’. What are the key findings of the...

December 1, 2022

PayPal introduces digital Foreign Inward Remittance Advice (FIRA)

The Digital Payment service provider PayPal recently introduced Foreign Inward Remittance Advice. It is an automated process to obtain monthly foreign inward remittance advice. What is FIRA? It...

May 12, 2021

Migration and Development Brief Report of World Bank: Key Facts

On October 30, 2020, the World Bank released the migration and development brief report. According to the report the remittances of India will fall by 9% by the...

October 31, 2020

“Dream Kerala Project” launched for Keralites returning from abroad

On July 1, 2020, Kerala announced “Dream Kerala Project”. The project is being rolled out to tap potential and experience of those returning from abroad. Highlights According to...

July 2, 2020

June 16: International Day of Family Remittances

Every year, the International Day of Family Remittances is observed on June 16 by the United Nations. The day is observed all over the world. This year the...

June 16, 2020

2019 edition of International Day of Family Remittances (IDFR)

The International Day of Family Remittances (IDFR) is observed every year on 16th of June to recognize the contribution of over 200 million migrants to improve the lives...

June 18, 2019

India highest recipient of remittances in 2018

The World Bank (WB) has recently released its latest edition of Migration and Development Brief. In it, India has retained its position as the world’s top recipient of...

April 9, 2019

UAE and Saudi Arabia launch a common digital currency “Aber”

The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries...

January 31, 2019

India is expected to retain its position as world’s top recipient of remittances with $80 million in 2018

India is expected to retain its position as the world’s top recipient of remittances with $80 million in 2018, as per latest World Bank’s report ‘Migration and Development...

December 11, 2018

India to receive total remittance of $80 billion in 2018: World Bank

According to World Bank’s Migration and Development Brief, India will retain its position as world’s top recipient of remittances in 2018, receiving a total remittance of $80 billion...

December 10, 2018

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