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

ARevenue from the booming tourism sector.

BExports of traditional agricultural products like spices and rubber.

CRemittances from abroad.

DEarnings from the Information Technology and software services sector.

Answer:

C. Remittances from abroad.

Read Explanation:

  • 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.


Related Questions:

Which of the following statements accurately describes child mortality rates in Kerala compared to the national average?

  1. Child Mortality Rates at different levels in Kerala are better than the national average.
  2. Kerala's child mortality rates are generally higher than the national average.
  3. While IMR is lower, other child mortality rates in Kerala are similar to the national average.
    Which of the following is a key challenge for Kerala's economy?
    What is the key difference between simple growth rate and compound annual growth rate (CAGR)?
    The high social development indicators in Kerala are often attributed to:

    Consider the flagship programs mentioned in relation to Kerala's education. Which statements are accurate?

    1. Vidya Kiranam, a component of the Nava Kerala Mission, is a continuation of the Pothu Vidyabhyasa Samrakshana Yajnam.
    2. The Kerala Knowledge Economy Mission is a key initiative expected to bring major changes in the standards of school and higher education.
    3. These flagship programs are primarily focused on vocational training and are unrelated to general school and higher education standards.