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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q61: Which country was the top recipient of global foreign remittances in 2024, with a record inflow of $137.7 billion?

A
India
B
Mexico
C
Philippines
D
China
✅ Correct Answer: A
India remains the top recipient of global foreign remittances.
In 2024, it recorded a record inflow of $137.7 billion.
This massive inflow underscores India's position in the global economy as detailed in the RBI's Payment Systems Report - June 2025.