World Economy & Finance

4 questions available

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All Major Economies 5 Economic Terms 81 Currencies 4 Central Banks 5 Stock Exchanges 6 International Trade 4 Economic Blocs 4 Financial Institutions 3
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Q1.SDR, a reserve asset created by the IMF, stands for what?

Medium
A Special Drawing Rights
B Standard Deposit Reserve
C Sovereign Debt Reserve
D Strategic Development Reserve
Currencies CSS

Correct Answer: A

Special Drawing Rights are international reserve assets created by the IMF.

Q2.The currency of the United Kingdom is which of the following?

Easy
A Pound Sterling
B Euro
C Dollar
D Franc
Currencies FPSC

Correct Answer: A

The United Kingdom uses the Pound Sterling.

Q3.Which currency is used by the majority of European Union member states?

Easy
A Euro
B Pound Sterling
C Franc
D Mark
Currencies PPSC

Correct Answer: A

The Euro is the official currency of the Eurozone within the EU.

Q4.Name the country not using the Euro currency?

Medium
A Finland
B France
C Germany
D UK
Currencies PPSC 2026

Correct Answer: D

The UK does not use the Euro; it retains the Pound Sterling.