[amp_mcq option1=”Foreign direct investment” option2=”Tourism revenue” option3=”Remittances from abroad” option4=”Exports” correct=”option3″]<\/p>\n
The correct answer is C) Remittances from abroad.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Foreign direct investment” option2=”Tourism revenue” option3=”Remittances from abroad” option4=”Exports” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[983],"tags":[],"class_list":["post-71590","post","type-post","status-publish","format-standard","hentry","category-kerala-state-gk-mcq","no-featured-image-padding"],"yoast_head":"\n