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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 .
In the question below, a sentence is given with a part missing. From the options below, choose the correct combination of idioms that can fit in the bl...
Bite your tongue
Fill in the blank given below using the correct idiom.
Mary's advice was _______________ and helped me avoid a major mistake.
You need to select the alternative which best expresses the meaning of idiom/phrase marked in bold.
I am sure they will fight tooth and nail ...
Colleges cannot ______ to ragging because of the Anti Ragging Act.
Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
The kids should be kept busy while you are away; i...
Love for dogs
Select the most appropriate meaning of the bold idiom in the given sentence.
Being an ardent professional, the lawyer always kept his clients ...