Vidyalelo
Management · Q701

International Finance and Treasury

Graduate and Post Graduate · Management · question 701

Q701

Numerous European nations accepted Euro as their currency in

A.
1998
B.
1997
C.
1999
Answer
D.
1996

Answer: Option C

Solution

Answer: Option C
Solution:
Numerous European nations accepted Euro as their currency in 1999. On January 1, 1999, one of the largest steps toward European unification took place with the introduction of the euro as the official currency in 12 countries (Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain).