GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1964
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1963
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1962
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1965
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Detailed explanation-1: -Established in 1962, the Central Bank of West African States (Banque Centrale des Etats de l’Afrique de l’Ouest) is the common central bank of the eight member states that form the West African Monetary Union (WAMU).
Detailed explanation-2: -The Banque des États de l’Afrique Centrale (BEAC) is the central bank serving the Economic and Monetary Community of Central Africa (CEMAC). CEMAC is composed of six country members, Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo.
Detailed explanation-3: -The West African Currency Board was established in October 1912 following the Report of a Departmental Committee set up by the Secretary of State to enquire into the currency in use in British West Africa.
Detailed explanation-4: -In 1668, the Riksdag, Sweden’s parliament, decided to found Riksens Ständers Bank (the Estates of the Realm Bank), which in 1867 received the name Sveriges Riksbank. The Riksbank is thus the world’s oldest central bank.