Asked in a 2018 paperModerate

Which country has banned Indian Currency Notes of Rs 2,000, Rs 500 and Rs 200 denominations on 14th Dec 2018

Correct answer: C. Nepal

  • A. USA
  • B. Nigeria
  • C. Nepal
  • D. Afghanistan

Explanation

Nepal restricted the use of India's newly introduced 2,000, 500 and 200 rupee notes in December 2018. The decision followed India's earlier currency changes and concerns about the circulation of unapproved denominations.

Written and checked by , Master of Mass CommunicationLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? [email protected]

About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

Practise Global Economy

448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Discussion

Stuck on an option, or know a faster way to get there? Ask or explain it here.

No comments yet. Be the first to explain this one.

Exams that ask International Current Affairs questions like this

International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.

More Global Economy questions