Q. The “Special Drawing Rights” is often seen in news associated with which of the following?
Red Book
Red Book

[A] IMF

[B] World Bank

[C] UNESCO

[D] IFC

Answer: A
Notes:

Explanation: IMF was conceived at a UN conference in Bretton Woods in July 1944 to build a framework for economic cooperation in the aftermath of the Great Depression of the 1930s.

The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.

Source: FORUMIAS

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