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Special Drawing Rights (SDRs) relate to

  • A.the World Bank.
  • B.the Reserve Bank of India.
  • C.the World Trade Organization.
  • D.the International Monetary Fund.

Answer: D

Correct answer: the International Monetary Fund.

Special Drawing Rights are the reserve asset created by the IMF in 1969 and allocated to member countries in proportion to their quotas. An SDR is not a currency but a claim on the freely usable currencies of members, and its value is set from a basket that now includes the dollar, euro, yuan, yen and pound.

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