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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 .
A manager who uses anchoring bias to make decisions is guilty of doing which of the following?
Which of the following is not an operational decision?
Fish-bowling is a variation of which of the following decision-making technique?
Manish is going on a vacation and needs to book a hotel. He shortlists 3 hotels and is now comparing them on basis of cost, facilities available and pro...
Which of the following theory states that people are averse to losses?
The _______ is a process used to arrive at a group opinion or decision by surveying a panel of experts.
_________ are mental shortcuts that allows people to solve problems and make judgments quickly and efficiently.
