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Start learning 50% faster. Sign in nowSpecial 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 .
Which of the following equipment is used for the measurement of specific heat?
The recently developed training system in grapes is called as
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Lumpi-Pro VacInd, a vaccine for Lumpy disease of cattle has been developed by ____
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What is the penalty provision for adulterated food but not injurious and not within prescribed specifications or misbranded or non – injurious adulter...
The National Botanical Research Institute is located in:
FSSAI has been mandated by the FSS Act, 2006 for performing which of the following functions
Are products obtained from hunting or fishing considered as part of livestock standards under the rules of NSOP?
Which of the following is correct?