Answer-Special Drawing Rights (SDRs) are:

SDRs are an international reserve asset created by the IMF to supplement member countries official reserves. Its value is based on a basket of five major currencies USD, Euro, Chinese Yuan, Japanese Yen, and British Pound Sterling.

Question

Special Drawing Rights (SDRs) are:

A A hard currency issued by the IMF.

B A basket of reserve currencies used as an international reserve asset by the IMF.

C Loans provided by the World Bank for structural adjustment.

D Bonds issued by the BIS.

E A type of currency futures contract.

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Special Drawing Rights (SDRs) are:

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