Match the following Countries to its currency.

Question

Match the following Countries to its currency.

1. Russia — i. Peso

2. Chile — ii. Kyat

3. Georgia — iii. Ruble

4. Myanmar — iv. Lari

Which of the pairs given above is/are correctly matched?

1. A. 1-iii, 2-i, 3-iv, 4-ii (Correct answer)
2. B. 1-iii, 2-i, 3-ii, 4-iv
3. C. 1-i, 2-iii, 3-iv, 4-ii
4. D. 1-i, 2-iii, 3-ii, 4-iv

Correct Answer

Option A — 1-iii, 2-i, 3-iv, 4-ii

Detailed Solution & Explanation

The correct answer is 1-iii, 2-i, 3-iv, 4-ii.

Key Points

• Russia — Ruble (iii)
• Chile — Peso (i)
• Georgia — Lari (iv)
• Myanmar — Kyat (ii)

Additional Information

• The peso is shared across much of Latin America — Chile, Mexico, Argentina, Colombia and the Philippines all use a currency of that name.
• The lari was introduced by Georgia in 1995, replacing the transitional kupon lari after independence from the USSR.
• Myanmar's kyat is the only one of the four not used by any other country, which makes it the easiest anchor when solving this by elimination.