Which of the following country is the largest source of remittances to India? |ForumIAS

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[A] UK

[B] UAE

[C] USA

[D] Singapore

Answer: C

Notes:

Explanation: India received an estimated $125 billion in remittances in 2023. According to UN, around 18 million Indians now live overseas.

Source Countries: Remittances from the US, UK, and Singapore (High-skilled migrants) collectively account for 36 % of total remittances.
UAE is the second-largest source of remittances to India after the US, accounting for 18% of the total.

Source: FORUMIAS