Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
[amp_mcq option1=”Rouble” option2=”Rand” option3=”Indian Rupee” option4=”Renminbi” correct=”option4″]
This question was previously asked in
UPSC IAS – 2016
– The value of the SDR is based on a basket of key international currencies. Prior to 2016, the basket consisted of the US dollar, Euro, Japanese Yen, and British Pound.
– In 2015, the IMF’s Executive Board decided to include the Chinese Renminbi (RMB) in the SDR basket, effective October 1, 2016.