Question

What is the most significant source of foreign exchange for Kerala?

• A. Revenue from the booming tourism sector.
• B. Exports of traditional agricultural products like spices and rubber.
• C. Remittances from abroad.
• D. Earnings from the Information Technology and software services sector.

Answer 1

Answer:

C. Remittances from abroad.

• Remittances, often referred to as "Gulf money," are a primary driver of consumption and investment in Kerala, making them the largest source of foreign exchange for the state.