Q.The other name for Special Drawing Rights is ______.

Special Drawing Rights are nicknamed 'paper gold', so the answer is (c).

In the international economic organisations topic of the Tamil Nadu HSC Commerce syllabus, the International Monetary Fund (IMF) created Special Drawing Rights (SDRs) in 1969 as an international reserve asset to supplement the official reserves of member countries.

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The IMF was an outcome of the Bretton Woods Conference — option (a).

In the Tamil Nadu HSC Class-12 Economics syllabus (International Economic Organisations), both the International Monetary Fund (IMF) and the World Bank were created at the Bretton Woods Conference held in 1944 in New Hampshire, USA. The IMF began operations in 1947 to promote internationa …

Special Drawing Rights (SDRs) are also known as 'paper gold'.

Special Drawing Rights are an international reserve asset created by the International Monetary Fund (IMF) in 1969 to supplement the official reserves of member countries. Because they function like gold as an international means of settlement but exist only as book entries (not a physical metal), they are popularly called 'paper gold'.

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