Question

The term 'Gulf Boom' refers to a period of:

• A. Rapid economic growth in the Gulf countries driven by rising oil prices and diversification efforts.
• B. Increased migration to Gulf countries and subsequent remittances
• C. A surge in foreign direct investment (FDI) in Kerala's infrastructure and industrial sectors.
• D. Increased trade and tourism between Kerala and the Middle Eastern countries.

Answer 1

Answer:

B. Increased migration to Gulf countries and subsequent remittances

• The 'Gulf Boom' was the period of mass migration of Keralites to the Gulf region for employment, leading to a significant increase in remittances.