Examveda

Once the changeover to the euro was completed by 1st July, 2002, the legal-tender status of national currencies in the euro zone

A. was cancelled, leaving the euro as the sole legal tender in the euro zone countries

B. was affirmed at the fixed exchange rate

C. was tied to gold

D. None of the above

Answer: Option A


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Match List-I with List-II and select the correct answer:

List-I List-II
a. Modigliani Miller approach 1. Commercial papers
b. Net operating income approach 2. Working capital management
c. Short-term money market instrument 3. Capital structure
d. Factoring 4. Arbitrage

A. a-4, b-3, c-1, d-2

B. a-3, b-4, c-1, d-2

C. a-2, b-3, c-1, d-4

D. a-3, b-2, c-4, d-1