MCQ Detailed View

The Ruble (currency code: RUB) is the official currency of Russia. It is one of the oldest national currencies in the world, with origins tracing back to the 13th century. The modern Russian Ruble is issued and regulated by the Central Bank of Russia.

One Ruble is subdivided into 100 kopecks. Over the years, the Ruble has undergone multiple reforms, especially after the dissolution of the Soviet Union in 1991, when it replaced the Soviet Ruble (SUR).

Key Facts about the Russian Ruble:

• Country: Russia


• Currency Code: RUB


• Subunit: 1 Ruble = 100 Kopecks


• Central Bank: Bank of Russia


• First Introduced: 13th century (modern version in 1992)


• Global Context: Used in international trade, energy exports, and regional transactions

For general knowledge and competitive exams, remember that the Ruble is the currency of Russia. It holds geopolitical and economic significance as Russia is a major global energy exporter and a member of BRICS.