Question
The value of SDR
isÂSolution
An SDR is essentially an artificial currency instrument used by the IMF, The value of an SDR is based on a basket of the world’s five leading currencies, as per the last review done in 2022 (review is done every 5 years): •US dollar (weight 43.38%), •Euro (weight 29.31%), •Chinese Yuan (weight 12.28%), •Japanese yen (weight 7.59%), and  •UK pound sterling (weight 7.44%). Chinese Renminbi was the last currency (added in 2016) included in the basket of currencies that make up the SDR.
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
Which of the following style of decision-making focuses on long term?
The decision of NABARD to introduce a Farmer Distress Index is an _________
_________ is a branched flowchart showing multiple pathways for potential decisions and outcomes.
Which of the following are the four main styles of decision making?
Why is it necessary to eliminate other solutions in the decision-making process?
Rational decision making is a multi-step process starting with defining the problem. What is the next step in this process?
Which of the following is a common bias that can affect managerial decision-making?
Which of the following decisions cannot be delegated?
In the decision-making process, which of the following is the most essential element required?
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