Question
General Knowledge Question on Business and Economy
What is Renminbi?
A
It is the official currency of the People's Republic of China (PRC), whose principal unit is the Yuan.
B
Low cost car being developed by Volkswagen in China, at prices lower than the Nano.
C
New aircraft Company floated by Brazil to challenge Boeing and Airbus.
D
New currency mooted for the entire ASEAN region like Euro for Europe.
Answer
It is the official currency of the People's Republic of China (PRC), whose principal unit is the Yuan.
Explanation
Solution
The correct option is (A): It is the official currency of the People's Republic of China (PRC), whose principal unit is the Yuan..