SDRs are popularly known as _______________.

Currency Notes

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Paper Gold

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Silver Coin

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Gold Coin

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Solution

The correct option is B Paper Gold
Special drawing rights (SDR) Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal, and is used only among governments and IMF for balance Of payments settlements. 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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