General Awareness ยท Banking Financial Awareness

Currencies and Exchange Rates

1,506 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

Directions: Find out correct option from the following four options:

Romania

  1. Lisbon

  2. Lima

  3. Doha

  4. Euro
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Romania uses the Leu as its currency, but among the choices, Euro is often associated with EU member states, though Romania has not adopted it yet. However, in the context of this specific multiple-choice set, Euro is the intended answer as the others are clearly wrong (capitals of Portugal, Peru, or Qatar).

Multiple choice

The currency of Nepal is

  1. Nepalese rupee

  2. Taka

  3. Rupiah

  4. Dollar
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The official currency of Nepal is the Nepalese rupee.

Multiple choice

Lira is the currency of

  1. Italy

  2. Myanmar

  3. Nigeria

  4. Norway

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

The Lira was the official currency of Italy before it was replaced by the Euro in 2002.

Multiple choice

Ruble is the currency of

  1. china

  2. Poland

  3. Russia

  4. Korea

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

The Russian Ruble is the official currency of the Russian Federation.

Multiple choice

Rand is the currency of

  1. Russia

  2. South Africa

  3. Oman

  4. Nepal

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

The South African Rand is the official currency of South Africa.

Multiple choice

European leaders agree on treaty was the news in leading newspaper in recent past. Which of the following was the treaty on which leaders were of diverse views? (Pick up the correct statements.)

  1. The treaty was to make EURO money a universal currency for all financial / monetary transactions done by all the member countries w.e.f. April 2009
  2. Treaty was to replace the defunct constitution of the European Union by a new one.
  3. Poland, one of the newest member of the Union was threatening to use its veto power if any change is done in the present set-up of the organization.

  1. Only 1

  2. Only 2

  3. Only 3

  4. Both (1) and (2)

  5. Both (2) and (3)
Reveal answer Fill a bubble to check yourself
A Correct answer
Multiple choice

What is the currency of Mexico?

  1. Lira

  2. Peso

  3. Mexican dollars

  4. Krones
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The official currency of Mexico is the Mexican peso, which is denoted by the symbol $ or MXN.

Multiple choice

Name the currency of Brazil?

  1. Peseta

  2. Pula

  3. Kwanza

  4. Cruzeiro
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The current currency of Brazil is the Real. The Cruzeiro was a former currency of Brazil, but the question implies current status; however, given the options, Cruzeiro is the only Brazilian currency listed.