SSC CGL 2021 PYQ — Question 36

SSC CGL - 24 Aug 2021 - Shift 3 • General Awareness • Q36

In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
John was an artist (1)______ profession. He was very (2)______ at his work and could
(3)______ any subject he could think of, but circumstances forced him to (4)______ in
(5)______ the work of renowned artists.

All monetary transfers or kinds sent by migrants to their place of origin are called ______.

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. remittances.

 

Remittances:

  • Remittances are usually understood as financial or in-kind transfers made by migrants to friends and relatives back in communities of origin.
  • These are the sum of two main components:
  • Personal Transfers in cash or in-kind between resident and non-resident households and Compensation of Employees, which refers to the income of workers who work in another country for a limited period.
  • Remittances help in stimulating economic development in recipient countries, but this can also make such countries over-reliant on them.