Consider the following statements about Special Drawing Rights (SDRs):

  1. SDRs are interest bearing reserve assets
  2. SDRs cannot be used directly to purchase goods and services
  3. Increase in holdings of SDRs by a country increases the voting power of the country in IMF

Which of the above statements is/are correct?

Answer: [D] 1, 2 & 3

All are correct statements. 

This question is a part of GKToday's Integrated IAS General Studies Module