Forwarded from ECONOMY by VIVEK SINGH
Question of the day:
Consider the following statements regarding IMF's Special Drawing Rights (SDRs):
(i) SDRs are allocated only to member countries mostly based on their economic size
(ii) SDR allocation by IMF acts as debt for the member countries Government
(iii) SDRs can be exchanged with other currencies but cannot be used to purchase goods in the international market
(iv) SDR allocation provides global liquidity and supplements member country's forex reserves
(v) SDRs are called paper gold and it cannot be held by private entities
(vi) The value of SDR depends on five currencies i.e. US dollar, Yen, Pound, Euro and Yuan
Consider the following statements regarding IMF's Special Drawing Rights (SDRs):
(i) SDRs are allocated only to member countries mostly based on their economic size
(ii) SDR allocation by IMF acts as debt for the member countries Government
(iii) SDRs can be exchanged with other currencies but cannot be used to purchase goods in the international market
(iv) SDR allocation provides global liquidity and supplements member country's forex reserves
(v) SDRs are called paper gold and it cannot be held by private entities
(vi) The value of SDR depends on five currencies i.e. US dollar, Yen, Pound, Euro and Yuan
Forwarded from ECONOMY by VIVEK SINGH
Select the INCORRECT statements:
Final Results
28%
(a) (i), (v) & (vi) only
27%
(b) (iii) only
21%
(c) (ii) & (iv) only
24%
(d) None of the above
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🔆 Essay topic for toady 👇🏼👇🏼
1. Changing paradigms of federalism in India.
2. Has the era of deglobalisation begun?
3. It is our choice of good or evil that determines our character, not our opinion about good or evil.
4. With great power comes great responsibility.
✅Discussion Time: 2 PM
✅Place: @studyUpscChannel
Submit your essay in pdf format in the comment section.
1. Changing paradigms of federalism in India.
2. Has the era of deglobalisation begun?
3. It is our choice of good or evil that determines our character, not our opinion about good or evil.
4. With great power comes great responsibility.
✅Discussion Time: 2 PM
✅Place: @studyUpscChannel
Submit your essay in pdf format in the comment section.
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No CA session today. Sorry for inconvinence caused. Will resume at 9:20 PM tomorrow.
Till then, keep hustling
Till then, keep hustling
👍1
🔆 GS2 3hr test for today 👇🏼👇🏼
time: 2-5pm
Discussion: 14/7 ; 9am
All the best guys....
Veer Bhogya Vasundhara💪🏼💪🏼
time: 2-5pm
Discussion: 14/7 ; 9am
All the best guys....
Veer Bhogya Vasundhara💪🏼💪🏼
https://upsconline.nic.in/marksheet/csp_premark_2021/login.php?examname=CSP&examyear=2021&a=1
Prelims 2021 marks 👆🏼👆🏼
(All can now check their marks)
Prelims 2021 marks 👆🏼👆🏼
(All can now check their marks)