Q689
Gold standard introduced in
A.
1913
B.
1990
C.
1876
AnswerD.
1944
Answer: Option C
Solution
Answer: Option C
Solution:
Gold standard introduced in 1876. Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.