What does D in SDR by IMF stand for?
Special drawing rights (SDR) refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing money reserves of member countries (India joined the IMF on December, 1945). Created in response to concerns about the limitations of gold and dollars as the sole means of settling international accounts, SDRs augment international liquidity by supplementing the standard reserve currencies. An SDR is essentially an artificial currency instrument used by the IMF, The value of the SDR is based on a basket of fivecurrencies—the U.S. dollar, the euro, the Chinese Renminbi, the Japanese yen, and the British pound sterling. The IMF uses SDRs for internal accounting purposes. SDRs are allocated by the IMF to its member countries and are backed by the full faith & credit of the member countries' governments. The makeup of the SDR is re-evaluated every fiveyears .
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All bajajs are Hero.
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No Apples are Mango.
Some Mango are Guava.
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Only a few Stations are Hospital.
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All Police a...
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Some penguins are kingfisher.
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No letter is a draft.
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II. Some...
Read the given statements and conclusions carefully. You have to take the three given statements to be true even if they seem to be at variance from co...
Statement:
Only a few mothers are father.
All fathers are daughter.
No daughter is son.
Conclusion:
I. Some mother can never be son.
II. No father is son.
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No copy is a diary.
Some diary are cardboard.
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II. S...
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Only a few copies are papers
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Some laptops are computers.
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