General Awareness · Banking Financial Awareness

Currencies and Exchange Rates

1,480 Questions

Knowledge of global currencies and exchange rates is vital for general awareness sections in banking and civil service exams. Topics include identifying the official currencies of various countries and understanding digital currency types. Use this collection to quickly memorize international currency symbols.

Country currency identificationDigital currency typesCurrency exchange tipsGlobal currency symbols

Currencies and Exchange Rates Questions

Multiple choice general knowledge
  1. ZAR

  2. ILS

  3. COP

  4. EUR

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

To answer this question, the user needs to have knowledge of world currencies.

The correct answer is A. ZAR, which stands for South African Rand.

Option B, ILS, stands for Israeli Shekel, and is therefore incorrect.

Option C, COP, stands for Colombian Peso, and is also incorrect.

Option D, EUR, stands for Euro, which is the currency used in many European countries, but not in South Africa. Therefore, option D is also incorrect.

The Answer is: A. ZAR

Multiple choice general knowledge
  1. GBP

  2. HKD

  3. CHF

  4. INR

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CHF (Swiss Franc) is the official currency of Switzerland. GBP is British Pound, HKD is Hong Kong Dollar, and INR is Indian Rupee.

Multiple choice general knowledge
  1. GBP

  2. Euro

  3. CAD

  4. Dollar

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

GBP (Great British Pound) is the official currency of Britain (United Kingdom). Euro is used by most EU countries but not Britain, CAD is Canadian Dollar, and 'Dollar' is too generic.

Multiple choice general knowledge
  1. Euro

  2. Korean Dollars

  3. Won

  4. Korean Rupee

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

South Korea uses the Won as its currency. Euro is European, 'Korean Dollars' is not a real currency, and 'Korean Rupee' is also incorrect.

Multiple choice general knowledge culture
  1. Crown

  2. Penny

  3. Guinea

  4. Shilling

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Kenyan Shilling is the official currency of Kenya, denoted by the symbol 'KSh' or 'KES'. Crown is UK currency, Penny is a subunit, Guinea is former UK currency, and Baikal is a lake in Russia, not a currency.

Multiple choice general knowledge science & technology
  1. Ringgit

  2. Dollar

  3. Riyals

  4. Rupees

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Malaysian Ringgit (abbreviated as RM or MYR) is the official currency of Malaysia. It is divided into 100 sen and has been Malaysia's currency since 1967, replacing the Malaya and British Borneo dollar. The Ringgit is managed by Bank Negara Malaysia and the name means 'jagged' in Malay, referring to the serrated edges of earlier Spanish silver coins that circulated in the region.

Multiple choice general knowledge culture
  1. Malaysia

  2. Mauritious

  3. Indonesia

  4. Angola

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Tamil language appears on the currency of Mauritius, which has a significant Tamil-speaking population. Mauritian banknotes feature text in Tamil, along with English, French, and Hindi. While other options have Tamil speakers, Mauritius is specifically known for featuring Tamil on its currency.

Multiple choice general knowledge history
  1. Muthugiri "Ra" + Roman "R" with stem

  2. Devanagiri "Ra" + Roman "R" without stem

  3. Ratnagiri "Ra" + Roman "R" without stem

  4. Devanagiri "Ra" + Roman "R" with stem

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The rupee symbol combines the Devanagari letter 'Ra' (र) with the Roman letter 'R' without the vertical stem. This creates a visually distinctive symbol that represents both Hindi and English scripts. The horizontal line at the top represents the Indian flag's tricolor.

Multiple choice general knowledge
  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Nicaragua's official currency is the Nicaraguan córdoba (NIO), named after Francisco Hernández de Córdoba, the founder of Nicaragua. It has been the country's currency since 1912, replacing the peso.

Multiple choice general knowledge
  1. Seychelles

  2. Mauritius

  3. Nepal

  4. Sri Lanka

  5. Pakistan

  6. Burma

Reveal answer Fill a bubble to check yourself
A,B,C,D,E Correct answer
Explanation

Rupee is indeed the currency of Seychelles (Seychellois rupee), Mauritius (Mauritian rupee), Nepal (Nepalese rupee), Sri Lanka (Sri Lankan rupee), and Pakistan (Pakistani rupee). Burma (Myanmar) uses the Kyat, not the Rupee.