Question:
The top three sectors contributed to foreign exchange earnings of Sri Lanka in the recent years are
(1) tea, textiles and garments and tourism.
(2) employees’ remittances, textiles and garments and petroleum products.
(3) employees’ remittances, textiles and garments and rubber products.
(4) tea, textiles and garments and petroleum products.
(5) employees’ remittances, textiles and garments and tourism.
Correct Answer:
(5)
Answer Explanation:
By 2019, Sri Lanka’s foreign exchange inflows were heavily dominated by three major pillars: Worker Remittances (funds sent home by expatriates), Export earnings from Apparel (textiles and garments), and Tourism receipts. Together, these formed the backbone of the nation’s external earnings.
Topic: Sri Lankan Economy Year: 2019
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