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

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    What is the currency of South Korea?

    Won

    Correct Answer

    Yuan

    Incorrect Answer

    Yen

    Incorrect Answer

    Baht

    Incorrect Answer

    Dong

    Incorrect Answer
    Explanation:

    The currency of South Korea is the South Korean Won (? or KRW). The Won is abbreviated as KRW, and its symbol is "?". It is issued and regulated by the Bank of Korea. The South Korean Won is subdivided into 100 jeon, although jeon are no longer used in practice. South Korea has a highly developed economy, known for its technology-driven industries such as electronics, automotive, and shipbuilding. The Won is essential for facilitating domestic and international transactions, contributing to the country's economic growth and stability.


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