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Q60
(CDS-I/2009)
Geography › World Human & Economic Geography › World economic profiles
Answer Verified
Which one of the following pairs is not correctly matched ?
Result
Your answer:
—
·
Correct:
D
Explanation
The pair 'Thailand: Ringgit' is incorrectly matched. The official currency of Thailand is the Thai Baht (THB) [t4]. The Ringgit (MYR) is the official currency of Malaysia [t5][t6]. The other pairs are correctly matched: Brazil's currency is the Real (plural: Reais), denoted as BRL [t4][t6]. China's currency is the Yuan, also known as the Renminbi (CNY) [c1][c3][t6]. Mexico's currency is the Peso (MXN), specifically the Nuevo Peso [t6][t8]. Modern currencies are authorized by their respective governments as a medium of exchange [c5]. While the Ringgit is a major trade currency in Southeast Asia, its jurisdiction is strictly Malaysia, whereas Thailand has maintained the Baht as its legal tender [t4][t5].
Sources
- [1] https://open.dosm.gov.my/dashboard/exchange-rates
- [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 17: India’s Foreign Exchange and Foreign Trade > Exchange Rate > p. 492
- [3] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > SPECIAL DRAWING RIGHTS > p. 514
- [4] Understanding Economic Development. Class X . NCERT(Revised ed 2025) > Chapter 3: MONEY AND CREDIT > Currency > p. 39
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