ECONOMICS (CBSE/UGC NET)

ECONOMICS

FISCAL POLICY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SELECT ALL:Which are examples of currency?
A
Chicken
B
Euro
C
Peso
D
Bitcoin
Explanation: 

Detailed explanation-1: -The local currency is the Mexican Nuevo Peso, known colloquially as ‘Peso’.

Detailed explanation-2: -This 10 Mexican peso coin is the largest, heaviest and highest value coin in circulation in Mexico today. Unlike the other Mexican bimetallic coins, the $10 coin’s outer ring is made of aluminium bronze. It has a silver coloured centre made from copper-nickel-zinc. On one side there is the Mexican national arms.

Detailed explanation-3: -They consist of six denominations: 20, 50, 100, 200, 500 and 1000 pesos. In this banknote type, the 20-and 50-peso denominations are made of polymer, and the rest are made of cotton paper.

There is 1 question to complete.