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Name the organisation in its report titled “COVID-19 Crisis: Through a Migration Lens” projected 23% decline in Migrants Remittances to India in 2020 due to COVID-19.
  • a)
    International Monetary Fund
  • b)
    World Bank
  • c)
    World Trade Organisation
  • d)
    Organisation for Economic Cooperation and Development
  • e)
    Commonwealth Nations
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Name the organisation in its report titled “COVID-19 Crisis: Thr...
In accordance with the report on impact of COVID-19 on migration and remittances by World Bank, titled “COVID-19 Crisis: Through a Migration Lens” remittances to India are likely to drop by 23% to USD 64 billion in 2020 from USD 83 billion in 2019 due to COVID-19 impact. In 2019, the remittances were increased by 5.5%. Importantly, India is the world’s biggest recipient of remittances, which bolster the country’s foreign exchange reserves and help fund its current account deficit.
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Name the organisation in its report titled “COVID-19 Crisis: Through a Migration Lens” projected 23% decline in Migrants Remittances to India in 2020 due to COVID-19.a)International Monetary Fundb)World Bankc)World Trade Organisationd)Organisation for Economic Cooperation and Developmente)Commonwealth NationsCorrect answer is option 'B'. Can you explain this answer?
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Name the organisation in its report titled “COVID-19 Crisis: Through a Migration Lens” projected 23% decline in Migrants Remittances to India in 2020 due to COVID-19.a)International Monetary Fundb)World Bankc)World Trade Organisationd)Organisation for Economic Cooperation and Developmente)Commonwealth NationsCorrect answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Name the organisation in its report titled “COVID-19 Crisis: Through a Migration Lens” projected 23% decline in Migrants Remittances to India in 2020 due to COVID-19.a)International Monetary Fundb)World Bankc)World Trade Organisationd)Organisation for Economic Cooperation and Developmente)Commonwealth NationsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the organisation in its report titled “COVID-19 Crisis: Through a Migration Lens” projected 23% decline in Migrants Remittances to India in 2020 due to COVID-19.a)International Monetary Fundb)World Bankc)World Trade Organisationd)Organisation for Economic Cooperation and Developmente)Commonwealth NationsCorrect answer is option 'B'. Can you explain this answer?.
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