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Banking Awareness · Q344

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 344

Q344

One of the Primary functions of IMF is to provide short term capital assistance to member countries through SDR (Special Drawing Rights). What is NOT true about SDR?

A.
Currency code of SDR is XDR
B.
SDR is the Unit of Account of IMF
C.
Asian Development Bank (ADB) also uses SDR as its Currency
D.
None of the above
Answer

Answer: Option D

Solution

Answer: Option D
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