Multiple Choice Questions on What is the currency of Canada ........ for NABARD Assistant Manager Exam Preparation

Currency Capitals

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    What is the currency of Canada?

    Dollar

    Incorrect Answer

    Euro

    Incorrect Answer

    Pound

    Incorrect Answer

    Peso

    Incorrect Answer

    Canadian Dollar

    Correct Answer
    Explanation:

    The currency of Canada is the Canadian Dollar ($ or CAD). The Canadian Dollar is abbreviated as CAD or CA$ to distinguish it from other dollar-denominated currencies. It is commonly referred to simply as the "dollar." Canada's currency is issued and regulated by the Bank of Canada. The Canadian Dollar is widely used in international trade and is considered one of the major currencies in the world.


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