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What does SDR, a supplementary foreign exchange reserve asset created by the IMF, stand for?

A) Special Drawing Rights
B) Standard Depository Receipt
C) Secure Debt Regulation
D) Systematic Drawing Ratio

Correct Answer: A) Special Drawing Rights

SDR stands for Special Drawing Rights. It is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. The value of the SDR is based on a basket of five major currencies.

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