BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SDDS is an International Monetary Fund standard to guide member countries in the dissemination of national statistics to the public. SDDS stands for
A
Special Data Dissemination Service
B
Special Data Dissemination Standard
C
Special Data Dissemination System
D
Special Durable Dissemination Standard
Explanation: 

Detailed explanation-1: -The Special Data Dissemination Standard (SDDS) was established in 1996 to guide members that have, or might seek, access to international capital markets in providing their economic and financial data to the public.

Detailed explanation-2: -The SDDS was established in 1996 to guide countries that have, or that might seek, access to international capital markets in the dissemination of economic and financial data to the public. This site provides information about economic and financial data disseminated by member countries that subscribe to the SDDS.

Detailed explanation-3: -Special Data Dissemination Standards (SDDS)

Detailed explanation-4: -Data dissemination is the distribution or transmitting of statistical, or other, data to end users. There are many ways organizations can release data to the public, i.e. electronic format, CD-ROM and paper publications such as PDF files based on aggregated data.

Detailed explanation-5: -The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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