Which of the following statements are correct with respect to Special Drawing Rights maintained by the International Monetary Fund (IMF)?
1. The US Dollar has the highest weightage in the SDR basket of currency followed by the Pound.
2. The latest currency that was added to the basket of currencies is the Japanese Yen
Select the correct answer using the code given below:1
Only 1
2
Only 2
3
Both 1 and 2
4
Neither 1 nor 2