Consider the following statements regarding Special Drawing Right (SDR).1. SDRs can be exchanged for freely usable currencies.2. A Gold backing is mandatory for a nation to increase SDR deposits.3. The SDR is a financial claim on the IMF as it is accepted by most international organizations.How many of the above statements are correct? - Study24x7
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Dev kumar
03 Oct 2024 12:24 PM study24x7 study24x7

Consider the following statements regarding Special Drawing Right (SDR).
1. SDRs can be exchanged for freely usable currencies.
2. A Gold backing is mandatory for a nation to increase SDR deposits.
3. The SDR is a financial claim on the IMF as it is accepted by most inte...

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A

Only one

B

Only two

C

All three

D

None

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