3128. Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries?

Cold money
Hot money
Paper gold
None of the three
✅ The correct answer is C.
Paper gold is the special drawing rights given by the International Monetary Fund to its member countries. It is an accounting entry. It is used only among governments and IMF for balance of payment settlements.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top