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World Currency Questions and Answers

72.

In India the RBI began production of notes in 1938, issuing 2, 5, 10, 1000 notes. 500 note was re-introduced again in-

Answer: C

It was 1987.

The 500-rupee note returned in October 1987, the highest denomination then in circulation, after inflation had made the existing notes inconvenient for large payments.

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77.

What is the national currency of Switzerland?

Answer: A

It is the Swiss franc.

The franc is treated as a safe-haven currency, so it rises in crises - which is why the Swiss National Bank capped it against the euro from 2011 to 2015. It is the only franc still used in western Europe.

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