Consider the following statements and choose the correct option from the given options. |
1. Remittances are important for economy of a country. |
2. Migrants sent remittances to their family members for food, repayment of loans, treatment, marriages, child's education, agricultural inputs, construction of houses, etc. |
A) Only statement 1 is correct
B) Both statements are correct and statement 2 correctly explains statement 1
C) Only statement 2 is correct
D) Both the statements are incorrect
Correct Answer: B
Solution :
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