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Euro launched on international currency markets
Contributed by: Perkins
  • 1. When was the Euro officially launched on the international currency markets?
A) 2001
B) 1999
C) 1995
D) 2005
  • 2. How many countries initially adopted the Euro as their official currency?
A) 5
B) 15
C) 11
D) 20
  • 3. Which European Union institution is responsible for the monetary policy of the Eurozone?
A) Eurogroup
B) European Central Bank
C) European Parliament
D) European Commission
  • 4. What is the official currency of Italy before adopting the Euro?
A) Lira
B) Mark
C) Franc
D) Pound
  • 5. Which city is home to the European Central Bank?
A) Amsterdam
B) Paris
C) Brussels
D) Frankfurt
  • 6. Which important European Union treaty laid down the foundation for the creation of the Euro?
A) Lisbon Treaty
B) Rome Treaty
C) Nice Treaty
D) Maastricht Treaty
  • 7. What is the Euro's subdivided unit called?
A) Penny
B) Eurocent
C) Cent
D) Dime
  • 8. What did the Euro replace as the official currency in some European countries?
A) Cryptocurrency
B) National currencies
C) Gold standard
D) US Dollar
  • 9. What is the maximum number of countries that can adopt the Euro as their official currency according to EU treaties?
A) 32
B) 20
C) 27
D) 23
  • 10. In which year did Greece adopt the Euro?
A) 1995
B) 1999
C) 2001
D) 2004
  • 11. Which famous European landmark is featured on the back of the Euro banknotes?
A) Mountains
B) Bridges
C) Lakes
D) Castles
  • 12. The European Union flag features how many stars to represent its member countries?
A) 10
B) 12
C) 15
D) 8
  • 13. When did the Euro first become physical currency in the form of coins and banknotes?
A) 1995
B) 2005
C) 2002
D) 1999
  • 14. Which of the following countries is not part of the Eurozone?
A) Estonia
B) Denmark
C) Slovakia
D) Lithuania
  • 15. What is the official language used in Euro banknotes and coins?
A) English
B) French
C) Latin
D) German
  • 16. What is the smallest denomination of Euro banknotes in circulation?
A) €20
B) €5
C) €50
D) €10
  • 17. The Euro is the official currency of how many European Union countries?
A) 15
B) 27
C) 22
D) 19
  • 18. Which country was the last to adopt the Euro as its currency?
A) Lithuania
B) Latvia
C) Slovenia
D) Slovakia
  • 19. What is the Eurozone's official anthem called?
A) Deutschlandlied
B) Ode to Joy
C) La Marseillaise
D) God Save the Queen
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