[amp_mcq option1=”Japanese Yen” option2=”Deutsche Mark” option3=”Euro” option4=”French Franc” correct=”option1″]<\/p>\n
The correct answer is: Japanese Yen<\/strong>.<\/p>\n Resurgent India bonds were issued in US dollar, Pound Sterling and Japanese Yen. The bonds were issued in 1991 to help India finance its balance of payments crisis. The bonds were oversubscribed, and raised $2.8 billion.<\/p>\n The Deutsche Mark was the currency of Germany from 1948 to 1999. The Euro was introduced in 1999 and replaced the Deutsche Mark as the currency of Germany. The French Franc was the currency of France from 1795 to 2002. The Euro was introduced in 1999 and replaced the French Franc as the currency of France.<\/p>\n The Japanese Yen is the currency of Japan. It is the third most traded currency in the world, after the US dollar and the Euro. The Japanese Yen is a fiat currency, which means that it is not backed by any physical commodity. The value of the Japanese Yen is determined by supply and demand.<\/p>\n The Resurgent India bonds were issued in US dollar, Pound Sterling and Japanese Yen. The bonds were issued in 1991 to help India finance its balance of payments crisis. The bonds were oversubscribed, and raised $2.8 billion.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Japanese Yen” option2=”Deutsche Mark” option3=”Euro” option4=”French Franc” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[],"class_list":["post-21416","post","type-post","status-publish","format-standard","hentry","category-indian-economy","no-featured-image-padding"],"yoast_head":"\n