Consider the following statements regarding India’s inward remittances:
1. There has been a decline in the Gulf countries’ share of India’s inward remittances, while contributions from advanced economies have increased.
2. Maharashtra and Kerala have held the top share of India’s inward remittances for the last five years.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2