The correct answer is: d) All of the above.
Remittances are money that migrants send to their families and friends in their home countries. They can play a significant role in improving the lives of people in developing countries.
Remittances can help to improve household incomes in rural areas. They can also be used to invest in education and health, and to develop local infrastructure.
For example, remittances can be used to pay for school fees, buy food and other necessities, and build or repair homes. They can also be used to start businesses or invest in agriculture.
Remittances can also help to improve the quality of life in rural areas by providing access to healthcare, education, and other essential services. They can also help to reduce poverty and inequality.
Overall, remittances can have a positive impact on the development of rural areas. They can help to improve household incomes, invest in education and health, and develop local infrastructure.