New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Zimbabwe introduced a new currency, the ZiG, in response

    to economic challenges. What backs the ZiG currency?
    A Diamond reserves Correct Answer Incorrect Answer
    B Gold reserves Correct Answer Incorrect Answer
    C Platinum reserves Correct Answer Incorrect Answer
    D Foreign currency reserves Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The ZiG currency is backed by Zimbabwe's gold reserves as part of measures to stabilize the national economy.

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