Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: Contemporary Centres of power

Question:

Which currency is used as legal tender among the member countries of this International organisation?
1. Dollar
2. Pound
3. Euro
4. Ruble

Options:

1

2

3

4

Correct Answer:

3

Explanation:

Euro is the currency used as legal tender among the member countries of European Union.  Members of the European Union who have adopted the Euro currency are called the Eurozone. However, one can't ignore that there is also a deep-seated ‘Euro-skepticism’ in some parts of Europe about the EU’s integrationist agenda. Thus, for example, Britain’s former prime minister, Margaret Thatcher, kept the UK out of the European Market. Denmark and Sweden have resisted the Maastricht Treaty and the adoption of the euro, the common European currency.