What is the 'Special Drawing Right' (SDR) in the context of the IMF? MCQ with Answer and Explanation

Question
What is the 'Special Drawing Right' (SDR) in the context of the IMF?
A. A tax on international trade
B. An international reserve asset
C. A physical currency issued by the IMF
D. A military defense fund
Answer: Option B
Solution (By JKSSB Mock Tests)
SDRs are a form of international reserve asset created by the IMF to supplement the official reserves of member countries.
This question belongs to: Static General Knowledge International Organizations
Request complete Subject PDF

Discuss this Question (0)

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

Practice More International Organizations Questions

Question #1
Which UN specialized agency has the mandate to improve food security and agricultural productivity?
A. IFAD
B. FAO
C. WHO
D. WFP
Discuss
Get Complete Subject PDF for Static General Knowledge

Correct Answer: Option B

Explanation:
The Food and Agriculture Organization (FAO) leads international efforts to defeat hunger, improve nutrition, and increase agricultural productivity.
This question belongs to: Static General Knowledge International Organizations
Question #2
The BRICS grouping initially consisted of four countries. Which country joined in 2010 to form BRICS?
A. South Africa
B. Argentina
C. Saudi Arabia
D. Egypt
Discuss
Get Complete Subject PDF for Static General Knowledge

Correct Answer: Option A

Explanation:
South Africa was admitted in 2010, changing the acronym from BRIC to BRICS.
This question belongs to: Static General Knowledge International Organizations
Question #3
The 'United Nations Relief and Works Agency' (UNRWA) primarily serves which group?
A. Palestine refugees
B. Climate refugees
C. Internally displaced persons in Africa
D. Refugees worldwide
Discuss
Get Complete Subject PDF for Static General Knowledge

Correct Answer: Option A

Explanation:
UNRWA provides assistance and protection for Palestine refugees in the Near East.
This question belongs to: Static General Knowledge International Organizations
Explore All International Organizations MCQs
Today's Top Topics
Classical Dances of India 442 Science and Technology 466 Folk Dances of India 306 UNESCO World Heritage Sites 189 States and Capitals of India 256
Explore Subjects
Accountancy and Statistics 3179 Economy GK 2220 English 15164 Computer 5279 Current Affairs 575
Practice Mix
Which of the following is an indirect tax in India?
The valve between the left atrium and left ventricle is the:
A person faces north. He turns 45° left, then 90° right, then 45° left. Which direction is he facing?
Under the Income Tax Act, the 'TDS' on the sale of an immovable property (other than agricultural land) by a resident is governed by which section, and what is the rate?
In 'Piecemeal Distribution' during dissolution, the first priority for payment of outside liabilities is: