The abbreviations SDR stands for

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The abbreviations SDR stands for

A. Special Drawing Rights

B. Specific Drawing Rights

C. Special Depository Rules

D. Specific Depository Rules

Answer: Option A

Solution (By Examveda Team)

The abbreviations SDR stands for 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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