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Business & EconomicsEasy

World Currencies and Finance

Which civilization invented paper money back in the 7th century? Which index sums up the Paris stock market? From the first banknotes to cryptocurrencies, from major exchanges to monetary institutions, ten questions to decode how money really works.

10

Questions

1

Minute

Tip: Use keys 1-4 to answer quickly

The 10 quiz questions

Question 1 : Which country was the first to issue paper banknotes, in the 7th century?

Possible answers:

  • India
  • China
  • The Roman Empire
  • Persia

Explanation: China invented paper money under the Tang Dynasty (7th century). The first notes were called "feiqian" (flying money) because they were much lighter than copper coins.

Question 2 : What is the main American stock exchange located in New York called?

Possible answers:

  • Wall Street
  • The City
  • The Chicago Stock Exchange
  • The NASDAQ

Explanation: Wall Street is the financial district of New York where the NYSE (New York Stock Exchange), the world's largest stock exchange, is located.

Question 3 : What currency is used in the eurozone?

Possible answers:

  • Euro
  • Franc
  • Dollar
  • Pound

Explanation: The euro (€) is the official currency of 20 European Union countries, used by over 340 million people since 2002.

Question 4 : Which cryptocurrency was created by the mysterious Satoshi Nakamoto in 2009?

Possible answers:

  • Litecoin
  • Dogecoin
  • Bitcoin
  • Ethereum

Explanation: Bitcoin is the first decentralized cryptocurrency, created in 2009 by a person or group under the pseudonym Satoshi Nakamoto, whose identity remains a mystery. It is the world's most important cryptocurrency.

Question 5 : Which country uses the yen as its currency?

Possible answers:

  • Chine
  • South Korea
  • Japon
  • Thailand

Explanation: The yen (¥) has been Japan's official currency since 1871. It is one of the most traded currencies on the foreign exchange market.

Question 6 : Which currency is nicknamed "the greenback"?

Possible answers:

  • The Swiss franc
  • The pound sterling
  • The Mexican peso
  • The US dollar

Explanation: The US dollar is nicknamed the "greenback" because of the green color of its bills, used since the Civil War.

Question 7 : Which stock index measures the performance of major French companies?

Possible answers:

  • The CAC 40
  • The FTSE 100
  • The Nikkei
  • The Dow Jones

Explanation: The CAC 40 (Cotation Assistée en Continu) brings together the 40 largest French companies listed on the Paris Stock Exchange.

Question 8 : Which international organization has the mission of stabilizing the global economy?

Possible answers:

  • The OECD
  • The IMF
  • The UN
  • The WTO

Explanation: The IMF (International Monetary Fund), created in 1944, has the mission of promoting financial stability and international monetary cooperation.

Question 9 : What term refers to a general increase in prices in the economy?

Possible answers:

  • Stagflation
  • Recession
  • Inflation
  • Deflation

Explanation: Inflation refers to a widespread and sustained rise in prices, which reduces the purchasing power of money over time.

Question 10 : Which bank card was created in France in 1967?

Possible answers:

  • Visa
  • Mastercard
  • American Express
  • The Carte Bleue

Explanation: The Carte Bleue was created in France in 1967 by a group of banks. It was linked to Visa in 1976 and the name was dropped in 2010.

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