GyanGram
ATTEMPT · INDIAN ECONOMY · PRELIMS 2016
Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
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Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
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• Correct Answer: D
• IMF included the Chinese Renminbi (Yuan) in the SDR basket on 1 October 2016, joining USD, EUR, JPY, and GBP.
• SDR is an international reserve asset created by the IMF; the basket is reviewed every five years.
• A, B, C are wrong as the Rupee, Rouble, and Rand were not added in the 2015 review.
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