Question

. Which of the following is a key driver of Kerala's high consumption rates?

• A. High literacy rates and advanced human development indicators
• B. Extensive public welfare programs and subsidized essential goods
• C. Significant remittances and high purchasing power
• D. A thriving tourism industry and robust service sector growth

Answer 1

Answer:

C. Significant remittances and high purchasing power

• The inflow of remittances from abroad boosts family incomes and significantly increases the purchasing power of the population.