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Answer : 2. "World Bank"
Which organization recently released the 'Migration and Development Brief' report?
5Q:
Which organization recently released the 'Migration and Development Brief' report?
- 1Swiss Bankfalse
- 2World Banktrue
- 3RBI Bankfalse
- 4UK Bankfalse
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Answer : 2. "World Bank"
Explanation :
India, the largest remittance recipient globally, is expected to receive inward remittances of $124 billion in 2024 and $129 billion in 2025. In 2023, India received $120 billion, showing a growth rate of 7.5%, which is projected to be 3.7% in 2024. The World Bank's June 2024 Migration and Development Brief highlights these trends, noting India as the leading migrant origin country with 18.7 million migrants.