📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      When was the Euro officially adopted as the common European currency?

      A January 2002 Correct Answer Incorrect Answer
      B January 2003 Correct Answer Incorrect Answer
      C January 2005 Correct Answer Incorrect Answer
      D January 1999 Correct Answer Incorrect Answer

      Solution

      The Euro was officially adopted as the common currency of the European Union for electronic transactions and accounting purposes in January 1999. However, the physical Euro banknotes and coins were only introduced into circulation later, in January 2002. This two-stage implementation allowed for a transition period for financial markets and systems to adapt to the new currency.

      Practice Next
      More Weekly Quiz GA for SSC Questions

      Relevant for Exams:

      ask-question