Not a currency but basically a component of account of

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Not a currency but basically a component of account of

A. compensatory financing facility

B. special drawing rights

C. multilateral investment guarantee agency

D. structural adjustment loan

Answer: Option B

Solution (By Examveda Team)

Not a currency but basically a component of account of special drawing rights. Special drawing rights (SDR) refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing money reserves of member countries.

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