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Question

“Golden Tranche” (Reserve Tranche) refers to

(a) a loan system of the World Bank
(b) one of the operations of a Central Bank
(c) a credit system granted by WTO to its members
(d) a credit system granted by IMF to its members

Answer:

D

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Explanation:

The "Golden Tranche" or "Reserve Tranche" refers to a portion of a member country's quota in the International Monetary Fund (IMF). It is accessible without fees or economic reform conditions and serves as a source of readily available funds for countries facing economic difficulties. Previously known as the "gold tranche," it represented the amount of gold contributed by member countries to the IMF.

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