The correct answer is C) Remittances from abroad.
Remittances are money sent by migrants to their families and friends in their home countries. They are a significant source of income for many developing countries, and Kerala is no exception. In 2019, remittances to Kerala amounted to $17.3 billion, which was more than the state’s total exports. Remittances are a major driver of economic growth in Kerala, and they help to reduce poverty and improve living standards.
Foreign direct investment (FDI) is the investment made by a company or individual in another country. FDI can take many forms, such as the establishment of a new factory or the purchase of an existing company. FDI can be a major source of capital for developing countries, and it can also help to transfer technology and skills. However, FDI can also lead to job losses and environmental problems.
Tourism revenue is the money that tourists spend in a country. Tourism is a major industry in many developing countries, and it can be a significant source of income. However, tourism can also lead to environmental problems and social disruption.
Exports are goods and services that are sold to other countries. Exports can be a major source of income for developing countries, and they can also help to promote economic growth. However, exports can also be vulnerable to changes in the global economy.
In conclusion, the correct answer is C) Remittances from abroad. Remittances are a significant source of income for Kerala due to its large diaspora. They help to reduce poverty and improve living standards, and they are a major driver of economic growth in the state.