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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q63: What is the target set by the UN Sustainable Development Goals (SDG) and the G20 for the global average remittance cost to be reached by 2030?

A
3 per cent
B
5 per cent
C
6.62 per cent
D
8.45 per cent
✅ Correct Answer: A
The UN SDGs and the G20 have set a target to reduce the global average cost of remittances to 3 per cent by 2030.
This goal drives many of the efficiency measures discussed in the RBI's Payment Systems Report - June 2025.