Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries?

A. Cold money

B. Hot money

C. Paper gold

D. None of the three

Answer: Option C

Solution(By Examveda Team)

Paper gold is the special drawing rights given by the International Monetary Fund to its member countries. It is an accounting entry. It is used only among governments and IMF for balance of payment settlements.