The IMF’s Special Drawing Rights (SDR) is best described as: MCQ with Answer and Explanation

The IMF’s Special Drawing Rights (SDR) is best described as:
A. A global digital currency
B. A loan facility for poor nations
C. An international reserve asset
D. A trade settlement mechanism
Answer: Option C
Solution (By JKSSB Mock Tests)
SDRs are international reserve assets created by the IMF to supplement member countries’ official reserves.

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Practice More International Organizations Questions

Question #1
Which country is the newest member to have joined BRICS (expanding it to BRICS+ in 2024/2025 context)?
A. All of these
B. Iran
C. Saudi Arabia
D. Egypt

Correct Answer: Option A


Explanation:
In 2024, BRICS expanded to include Egypt, Ethiopia, Iran, and the UAE (Saudi Arabia also invited).

Question #2
Which organization aims to prevent nuclear proliferation?
A. WHO
B. WTO
C. IMF
D. IAEA

Correct Answer: Option D


Explanation:
The IAEA promotes the safe, secure, and peaceful use of nuclear technologies.

Question #3
The WHO's 'World Health Assembly' meets at least:
A. Every two years
B. Every three years
C. Twice a year
D. Once a year

Correct Answer: Option D


Explanation:
The World Health Assembly, the decision-making body of WHO, meets annually in Geneva.