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SDR called as paper gold is associated with
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- IMF
- World Bank
- WTO
- UNCTAD
Correct Option: A
SDR (Special Drawing Rights ) is international financing instrument created in 1970 by the International Monetary Fund (IMF). It is 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.