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Multiple Choice Questions

India and Papua New Guinea have recently signed a Memorandum of Understanding MoU to share India Sta...........

Current GK ( Banking) International Affairs

India and Papua New Guinea have recently signed a Memorandum of Understanding (MoU) to share India Stack. What is the Currency of Papua New Guinea?

Euro

Dollar

Rand

Kina

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Explanation:

The Kina is the official currency of Papua New Guinea. It is divided in a hundred toea. The Kina was issued on 19 April 1975, replacing the Australian Dollar. The term Kina comes from the Tolai area of Kuanua and refers to a precious pearl shell widely used in the area for buying and selling.

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