in Business & Finance

Economics Quiz 3

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Ok time to check on your knowledge of the science of economics yet again. This science keeps affecting our day today lives in invisible ways. You would take decisions as a rational economic consumer but never know that you did just that in a majority of your decisions. You may also lament several economic decisions of your governments knowing fully well the implications of them on you. Your knowledge of economic concepts and terminology can help you have a better understanding of the world around you. So here you go:

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  • Question of

    What is the main purpose of the World Bank?

    • Provide dollars to the world
    • Reduce poverty in the world
    • To open international accounts
    • To provide banking services to the world
  • Question of

    What is the main purpose of IMF(International Monetary Fund)?

    • To ensure stability of exchange rates
    • To be monetary arm of the US
    • To serve as international bank for money
    • To launder money on international scale
  • Question of

    What is Euro Dollar?

    • A dollar in the hands of European tourists
    • A dollar held outside US
    • A dollar equal in value to a Euro
    • A dollar printed in Europe
  • Question of

    How many countries form the European Union?

    • 43
    • 28
    • 15
    • 12
  • Question of

    What is the sub unit of a Euro?

    • Guilder
    • Kroner
    • Cent
    • Paise
  • Question of

    How many of the European Union members use Euro as currency?

    • 19
    • 21
    • 9
    • 13
  • Question of

    Which currency is the second largest traded currency in forex markets?

    • INR
    • Dollar
    • Euro
    • Franc
  • Question of

    Approximately how much of Euro is in circulation?

    • 3 Trillions
    • 1.1 Trillions
    • 25 Billions
    • 5 Trillions
  • Question of

    Since the end of which year Euro is trading at an exchange rate of above par versus US $?

    • 2011
    • 2002
    • 2005
    • 2012
  • Question of

    How many denominations of Euro coins are issued?

    • 8
    • 13
    • 5
    • 2

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Written by Glower4

Glower is a writer cum poet who is a commoner endowed with uncanny gift of extreme and deep abstract thought resulting in astonishing written word.

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