Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q62: Which country consistently leads global remittance outflows, sending $98.4 billion in 2024?

A
United States
B
Saudi Arabia
C
Switzerland
D
Germany
✅ Correct Answer: A
The United States consistently leads the world in global remittance outflows.
In 2024, the US was the source of $98.4 billion in remittance payments.
This global context is provided in the RBI's Payment Systems Report - June 2025.