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GS Paper IUPSC Prelims 2016
Current Events
Question No. 128Interactive Test Mode
00:00
+2-0.66

Q128. Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?

Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2016 • International Relations and Current Affairs

Correct Answer: Option (D) — Renminbi

Concept & Option Breakdown

Standard Reference Verified

In November 2015, the IMF Executive Board decided to include the Chinese Renminbi (RMB / Yuan) into the Special Drawing Right (SDR) currency basket alongside the US Dollar, Euro, Japanese Yen, and British Pound Sterling, taking effect in October 2016.

Elimination Heuristic & Exam Approach

China's economic prominence and freely usable currency assessment led to the Renminbi's inclusion into the SDR basket in 2015–2016.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2016 (Q128)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicInternational Relations and Current Affairs → Current Events
Official Answer KeyOption (D) — Renminbi

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Frequently Asked Questions — UPSC Prelims 2016 Q128

What is the official answer for UPSC Prelims 2016 GS Paper I Question 128 (International Relations and Current Affairs)?

The official UPSC answer key for this 2016 International Relations and Current Affairs (Current Events) question is Option (D): "Renminbi". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2016 question belong to?

This question belongs to GS Paper I under the subject "International Relations and Current Affairs" and micro-topic "Current Events". You can explore all repeated questions from Current Events in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Current Events UPSC Prelims question using option elimination?

China's economic prominence and freely usable currency assessment led to the Renminbi's inclusion into the SDR basket in 2015–2016.

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