GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
After European Union which another group of countries have come forward for adopting common currency?
A
OPEC
B
Gulf Countries
C
SAARC
D
ASEAN
Explanation: 

Detailed explanation-1: -The Maastricht Treaty paved the way for the creation of a single European currency: the euro. It also established the European Central Bank (ECB) and the European System of Central Banks and describes their objectives.

Detailed explanation-2: -Seven countries (Bulgaria, Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden) are EU members but do not use the euro.

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