The term 'Special Drawing Rights' (SDRs) is associated with: MCQ with Answer and Explanation

The term 'Special Drawing Rights' (SDRs) is associated with:
A. World Trade Organisation
B. Asian Development Bank
C. World Bank
D. International Monetary Fund
Answer: Option D
Solution (By JKSSB Mock Tests)
Special Drawing Rights are an international reserve asset created by the International Monetary Fund to supplement member countries' official reserves.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1
The concept of 'Housing as a Human Right' implies that:
A. Only the absence of any public housing policy
B. Housing is only a private market commodity without any rights dimension
C. Adequate housing is regarded as a fundamental entitlement that states have obligations to respect, protect and fulfil
D. Only home ownership is a right

Correct Answer: Option C


Explanation:
The recognition of housing as a human right, grounded in international human-rights instruments, entails obligations on states to ensure progressive access to adequate, affordable and secure housing for all.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Atal Incubation Centre' scheme supports:
A. foreign companies
B. startups and entrepreneurs
C. large industries
D. government departments

Correct Answer: Option B


Explanation:
Atal Incubation Centres support startups and entrepreneurs.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'multidimensional poverty index' considers how many equally weighted dimensions?
A. Two
B. Five
C. Ten
D. Three

Correct Answer: Option D


Explanation:
MPI has three equally weighted dimensions: health, education and standard of living.

This question belongs to: Economy GK Economy Set 1