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Indian Economic System

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Indian Economy - Understanding the basics of Indian economic system

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Gold tranche(Reserve tranche) refers to

A loan system of World bank

One of the operations of a central bank

A credit system of WTO granted to its members

A credit system granted by IMF to its members

Explanation:

A reserve tranche is a portion of the required quota of currency each member country must provide to the International Monetary Fund (IMF) that can be utilized for its own purposes—without a service fee or economic reform conditions. Hence option 4th is correct.

By: Shubham Tiwari

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