Sawaal
11
Q:

Which unit of valuation is known as paper gold?

A) SDR B) Eurodollar
C) GDR D) Petrodollar

Answer:   A) SDR



Explanation:

SDR means Special Drawing Rights.

 

SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness.

 

International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. 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.

Subject: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
Related Questions
Q:

For how many months is a cheque valid from the date of issue?

A) 1 month B) 2 months
C) 3 months D) 6 months
 
Answer & Explanation Answer: C) 3 months

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

21 1056
Q:

Which country has been started world's first carbon capture plant in October 2017?

 

A) China B) Italy
C) Japan D) Iceland
 
Answer & Explanation Answer: D) Iceland

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

15 49884
Q:

For which one of the following items Tiruppur is well known as a huge exporter to many parts of the world?

 

A) Gems and Jewellery B) Leather goods
C) Knitted garments D) Handicrafts
 
Answer & Explanation Answer: C) Knitted garments

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

11 898
Q:

From the following former Prime Ministers, whose name can be found on Indian currency notes?

A) Atal Bihari Vajpayee B) Indira Gandhi
C) Dr. Manmohan Singh D) Narasimha Rao
 
Answer & Explanation Answer: C) Dr. Manmohan Singh

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

8 1111
Q:

IFSC is the short term of

 

A) International Financial System Code B) Indian Financial System Code
C) Inter-bank Financial System Code D) Inter-bank Functional System Code
 
Answer & Explanation Answer: B) Indian Financial System Code

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

8 30564
Q:

What is the national animal of Bangladesh?

 

A) Royal Bengal Tiger B)  Python
C) Goat D) Buffalo
 
Answer & Explanation Answer: A) Royal Bengal Tiger

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

8 19269
Q:

India became the first country to partner with which global company on Disaster Response Management?

 

A) Twitter B) Google
C) Facebook D) Microsoft
 
Answer & Explanation Answer: C) Facebook

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

9 33481
Q:

Money can be transferred using mobile phones through the service called

A) NEFT B) ECS
C) IMPS D) RTGS
 
Answer & Explanation Answer: C) IMPS

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

18 1301