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What specific economic advantage do remittances offer India compared to some other capital flows, like portfolio investment?

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1. What specific economic advantage do remittances offer India compared to some other capital flows, like portfolio investment?

Remittances tend to stay more stable even during global downturns, since they are tied to family support rather than pure investment returns

Remittances always leave the country faster than portfolio investment during a crisis

Remittances and portfolio investment behave identically during global downturns

Remittances have no economic significance compared to portfolio investment

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