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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What is Special Drawing Rights? - Commerce

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What is Special Drawing Rights?

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Solution

Special Drawing Rights (SDR) was created by the IMF in the year 1969 as supplementary international reserve asset. It is described as paper gold.

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International Monetary Fund (IMF)
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Chapter 27: Facilitators of International Business - Exercises [Page 291]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 27 Facilitators of International Business
Exercises | Q II. 3. | Page 291
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