GyanGramQuestion
Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
PRELIMS 2016 · INDIAN ECONOMY
Recently, which one of the following currencies has been proposed to be added to the bask…
Attempt this previous-year question. The correct option stays hidden until you choose.
Pick an option to check yourself.
• 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.
Keep going in GyanGram.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.