Question

What is the official currency of the European Union called?
a. Taka
b. Rupee
c. Euro

Answer 1

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What is the official currency of the European Union called?

a. Taka

b. Rupee

c. Euro

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Option c. Euro

Euro is the official currency of the European Union and is used in approx. 20 countries in Europe including France, Germany, Italy, Spain, and Portugal.

Taka is used as a currebcy in Bangladesh whereas Rupee is formerly used as the currency in India, Pakistan, Sri Lanka and other Southeastern Asian countries.

Answer 2

  Euro is the official currency of the European Union.

Explanations of the options :

  • Euro - "Euro" is the result of a 2002's economical development project. Most of the states of European Union use Euro as their currencies where only two states' must to do. Euro is identified by the symbol € and in today's market 1 € = 79.27 Indian Rupee.

  • Rupee - As we know, that our country India is having Rupee as it's currency. India Rupee is symbolised with "₹" and one Rupee is subdivided into 100 paise. This currency of money is governed by the RBI (Reserve Bank of India). As of yesterday's 1 US Dollar = 70.09 Indian Rupee.

  • Taka - Bangladesh is having "Taka" as their currency where it is governed by the Ministry of Finance of the government. It's symbol is "৳". As of today's, 1 Indian Rupee = 1.20 Bangladeshi Taka.