Multiple choice

When was the Bank of Central African States formed?

  1. 1974

  2. 1978

  3. 1973

  4. 1979
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Bank of Central African States (BEAC) was established in 1973 to serve as the central bank for the Central African CFA franc zone, replacing the earlier Central Banks of Cameroon, Central African Republic, Chad, Republic of Congo, and Gabon. The year 1973 marks when these countries unified their monetary systems under a single central bank institution. Option C is correct - the bank began operations in 1973. Options A (1974), B (1978), and D (1979) are incorrect years that do not correspond to the bank's establishment date.

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