QUESTION $10$

A Special Drawing Right $($SDR$)$ refers to:

a$.$

a negotiable certificate issued by a U$.$S$.$ bank representing a specified number of shares $($or one share$)$ in a foreign stock that is traded on a U$.$S$.$ exchange.

b$.$

a system where currencies float against one another with governments intervening only to stabilize their currencies at set target exchange rates.

c$.$

the main currency that many countries and institutions hold as part of their foreign exchange reserves.

d$.$

a fast$-$disbursing loan facility with low conditionality aimed at reassuring investors by injecting liquidity.

e$.$

an international monetary reserve asset issued by the IMF.