Level 1
World Currencies MCQs set 2 for NBP Officer Grade (IBA / NTS) General Knowledge — 20 solved questions.
Q1. The currency of China is the:
Answer: Renminbi
Explanation: China's official currency is the Renminbi (RMB), with the basic unit called the Yuan; it is issued by the People's Bank of China.
Q2. The currency of Vanuatu is:
Answer: Vatu
Explanation: The Vatu (VUV) is the official currency of the Republic of Vanuatu, an island nation in the South Pacific, introduced in 1981 when it replaced the New Hebrides franc.
Q3. Shilling is the currency. Name the capital of Somalia?
Answer: Mogadishu
Explanation: Mogadishu is the capital and largest city of Somalia, and the Somali Shilling is the official currency of the country.
Q4. Cuban Peso is the currency. Which is the capital of Cuba?
Answer: Havana
Explanation: Havana (La Habana) is the capital and largest city of Cuba, serving as the country's political, cultural, and economic center.
Q5. The currency of Lesotho is the:
Answer: Loti
Explanation: The loti (plural: maloti) is the official currency of Lesotho, the landlocked kingdom in southern Africa; it is pegged at par with the South African rand.
Q6. The currency of Lebanon is the
Answer: Pound
Explanation: The Lebanese Pound (also called the Lebanese Lira) is the official currency of Lebanon, issued by the Banque du Liban.
Q7. The currency of Tajikistan is:
Answer: Somoni
Explanation: The Somoni is the official currency of Tajikistan, named after Ismoil Somoni, a revered ruler of the Samanid Empire and national hero of Tajikistan.
Q8. The currency of Brunei is the
Answer: Dollar
Explanation: The Brunei dollar (BND) is the official currency of Brunei Darussalam; it has been at parity with the Singapore dollar since 1967 under a currency interchangeability agreement.
Q9. Which of the following is the world's oldest currency?
Answer: British pound sterling
Explanation: The British pound sterling, dating back over 1,200 years to Anglo-Saxon times (around 775 AD), is the world's oldest currency still in use today.
Q10. The European Union launched its currency "EURO" Bank Notes & Coins as a public currency on:
Answer: on January 1, 2002
Explanation: Euro banknotes and coins entered circulation as physical public currency on 1 January 2002, though the euro had been introduced as a virtual currency on 1 January 1999.
Q11. Name the currency of Armenia.
Answer: Dram
Explanation: The official currency of Armenia is the Armenian Dram (AMD), introduced in 1993 after the country gained independence from the Soviet Union.
Q12. The currency of Nigeria is the:
Answer: Naira
Explanation: The naira (₦) is the official currency of Nigeria, introduced in 1973 replacing the Nigerian pound; it is subdivided into 100 kobo.
Q13. Sri Lanka is located in Indian Ocean, its capital is Colombo. Name the currency of Sri Lanka?
Answer: Rupee
Explanation: Sri Lanka's official currency is the Sri Lankan Rupee (LKR), introduced in 1872, making it distinct from the Albanian Lek or any other currency listed.
Q14. The currency of Macedonia is:
Answer: Denar
Explanation: The Macedonian denar (MKD) is the official currency of North Macedonia, introduced in 1992 following the country's independence from Yugoslavia.
Q15. What is the currency of Switzerland?
Answer: Swiss Franc
Explanation: The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein; Switzerland opted not to adopt the Euro despite being surrounded by Eurozone countries.
Q16. The currency of Croatia is the:
Answer: Kuna
Explanation: The Kuna was the official currency of Croatia until January 1, 2023, when Croatia adopted the Euro upon joining the Eurozone; this question reflects the currency prior to that transition.
Q17. The currency of Cuba is the:
Answer: Peso
Explanation: The Cuban peso (CUP) is the official currency of Cuba, used for everyday transactions by Cuban citizens.
Q18. The currency of New Zealand is:
Answer: New Zealand Dollar
Explanation: The New Zealand dollar (NZD), introduced in 1967 replacing the pound, is the official currency of New Zealand, the Cook Islands, Niue, Tokelau, and the Pitcairn Islands.
Q19. The currency of Latvia is:
Answer: Euro
Explanation: Latvia adopted the Euro on 1 January 2014, replacing the Latvian lats after the country met the Eurozone convergence criteria.
Q20. The currency of Liechtenstein is the
Answer: Swiss Franc
Explanation: Liechtenstein uses the Swiss franc (CHF) as its official currency under a customs and monetary union with Switzerland dating back to 1923.