The portion of the required quota of currency that each International Monetary Fund member country must…
The reserve tranche position is a member's readily available reserve claim on the IMF arising from its quota subscription and related transactions. A reserve tranche…
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The portion of the required quota of currency that each International Monetary Fund member country must provide to the IMF that can be utilized for its own purposes without a service fee is called as
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Correct answer A
The reserve tranche position is a member's readily available reserve claim on the IMF arising from its quota subscription and related transactions. A reserve tranche purchase is exempt from the service charge that applies to other purchases of IMF resources.
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Karnataka SET (KSET)