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    Question

    Euro is the common currency of which of the following

    international groupings?
    A Gulf Cooperation Council Correct Answer Incorrect Answer
    B Association of South Asian Nations Correct Answer Incorrect Answer
    C South Asian Association for Regional Cooperation Correct Answer Incorrect Answer
    D European Union Correct Answer Incorrect Answer

    Solution

    The euro is the monetary unit and currency of the European Union, represented by the symbol €. It began as a non-cash monetary unit in 1999 before being issued as currency notes and coins in 2002. The euro replaced the national currencies of participating EU states and some non-EU states.

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