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    5. The SDR is an international reserve asset created by the IMF in which of the following year?

    Question

    The SDR is an international reserve asset created by the

    IMF in which of the following year?
    A 1965 Correct Answer Incorrect Answer
    B 1966 Correct Answer Incorrect Answer
    C 1969 Correct Answer Incorrect Answer
    D 1970 Correct Answer Incorrect Answer
    E 1975 Correct Answer Incorrect Answer

    Solution

    The SDR is an international reserve asset created by the IMF in 1969 to supplement its member countries’ official reserves in the context of the Bretton Woods fixed exchange rate system.

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