BANK MP Cooperative Bank Clerk and Committee Manager Mock Test General Knowledge Polity World Organisations and Headquarters
Consider the following about Special Drawing Right (SDR)
1. The SDR is an international reserve asset created and administered by the WTO
2. SDRs can be exchanged for freely usable currencies
3. A Gold backing is mandatory for a nation to increase SDR deposits
4. The SDR is a not the financial claim on the IMF as it is accepted by most international organizations
Which of the above statements is/are correct?
1
1, 2 and 3 only
2
2 and 3 only
3
2, 3 and 4 only
4
2 and 4 only
5
Only 2