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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 .
Which of the following state has received India Agribusiness Awards 2022 in the Best state category for their contribution in the areas of agriculture?
Which kind of soil is best for growing cotton?
Prime Minister Narendra Modi released the …………………… installment of financial benefit worth Rs 16,000 crore to over 11 crore eligible farm...
As per the third advanced estimate, the total fruit production is maximally observed in which of the following state?
Who broke Sachin Tendulkar's record to become the fastest to reach 26,000 international runs?
Which crop is richest source of iron?
India is the second Largest Producer of Rice Globally with a record rice production in 2021-22 is about ……………………..
...Which of the following is not a sedimentary rock?
Kanha National Park is situated in which state?
Wheat, Barley, Gram and Mustards are an example of