Paper Gold- SDR rate given to IMF members

Q.  Which one of the following is the special drawing right given by the International Monetary Fund to its member countries?
- Published on 20 Jul 15

a. Cold money
b. Hot money
c. Paper gold
d. None of these

ANSWER: Paper gold
 
It is an accounting entry. It is used only among governments and IMF for balance of payment settlements.

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