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1GENERAL KNOWLEDGE MCQS
Tenge is the currency of which country____________?
New Zealand
Malaysia
Finland
Kazakhstan
Correct Answer:
D. Kazakhstan
Detailed Explanation
Tenge is the name of the official currency of Kazakhstan. People of Kazakhstan use this currency every day for their shopping, paying bills and other money related work. The symbol of Tenge is ₸, and its international currency code is KZT.
Kazakhstan introduced the Tenge in 1993. Before that, Soviet rubles were used there because Kazakhstan was previously a part of the Soviet Union. When Kazakhstan made itself an independent country in 1991, it needed its own currency. Therefore, in November 1993, the Tenge was introduced as its official currency to show the world that Kazakhstan is now a separate and independent country.
The design of Tenge banknotes is very colourful and they also have photos of famous Kazakh people, cultural symbols, historical buildings and the national flag. Each note also has security features such as holograms and watermarks to prevent counterfeiting.
The National Bank of Kazakhstan prints Tenge currency notes and ensures that the money remains stable and valuable. It also decides how much money to print and monitors inflation and economic growth.
So if you are asked in any exam or quiz, “Tenge is the currency of which country?” the correct answer will be: Kazakhstan.
Summary:
Currency Name: Tenge (₸) Country: Kazakhstan Introduced: 1993 Currency Code: KZT Issued by: National Bank of Kazakhstan
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