UPSC PYQPrelims 2020

Civil Services Examination · प्रश्न 17

"Gold Tranche" (Reserve Tranche) refers to

  1. a loan system of the World Bank
  2. one of the operations of a Central Bank
  3. a credit system granted by WTO to its members
  4. a credit system granted by IMF to its members
उत्तर देखें और व्याख्या

उत्तर: (D) a credit system granted by IMF to its members

व्याख्या

The reserve tranche is the portion of a member's IMF quota it can draw without conditions or service charges.