Question:
How do remittances impact the rural economy of Kerala?
AThey increase the state’s dependence on agriculture
BThey fuel investment in real estate and healthcare services in rural areas
CThey lead to rural depopulation
DThey cause a decline in local agricultural production
Answer:
B. They fuel investment in real estate and healthcare services in rural areas
Explanation:
Remittances sent by expatriates, especially from the Gulf countries, contribute significantly to Kerala’s rural economy. These funds are often invested in real estate, healthcare, education, and consumer goods, boosting the overall economic activity in rural areas.