The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion to India. (approx USD 17.86 billion). With this, the total SDR holding of India has gone upto SDR 13.66 billion (equivalent to around USD 19.41 billion).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
SDR is one of the components of the Foreign Exchange Reserves (FER) of India. Hence the Foreign Exchange Reserves (FER) has also increased now. IMF has allocated a total of SDR 456 billion to all its member countries out of which India has got SDR 12.57.
Important takeaways for all competitive exams:
The Reserve Bank of India (RBI) has developed the Supervisory Data Quality Index (sDQI) to…
In a landmark decision, the Government of India has extended retirement and death gratuity benefits…
There are thousands of rivers in the world, each with different sizes and lengths. Some…
A newly emerging COVID-19 variant, NB.1.8.1, informally known as Nimbus, is gaining global attention due…
Tomatoes are one of the most commonly used vegetables around the world. They are rich…
Cranberries are small, red and tart berries that are liked by many people all over…
![](data:image/svg+xml;charset=utf-8,<svg height="225px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="218px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
