"Gold Tranche" (Reserve Tranche) refers to

"Gold Tranche" (Reserve Tranche) refers to
  1. a loan system of the World Bank
  2. one of the operations of a Central Bank
  3. a credit system granted by WTO to its members
  4. a credit system granted by IMF to its members

Solution

The Reserve Tranche (formerly Gold Tranche) is a portion of an IMF member country's quota that can be accessed without conditions or service fees. Answer: (d).

Asked in: UPSC Prelims 2020

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