European Central Bank Quiz

The European Central Bank (ECB) is the central bank for:

• The 20 European Union Member States that have adopted the euro

• All countries in Europe

• Germany, France, Italy and Spain

• All European Union Member States

In total, the euro is the official currency of 23 European Union Member States.

• True

• False

Which of the following European countries does not currently use the euro?

• Andorra

• Luxembourg

• Poland

• Portugal

How many people use the euro as their official currency?

• 116 million

• 253 million

• 347 million

• 523 million

Where is the ECB located? A. B. C. D.

• Strasbourg

• Brussels

• Luxembourg

• Frankfurt

One of the main tasks of the ECB is to:

• Keep prices stable

• Set the euro exchange rate

• Make loans to homebuyers

• Manage the finances of European countries

When were the euro banknotes and coins first introduced?

• 1986

• 1999

• 2002

• 2016

Since 2014, the ECB has also been responsible for European banking supervision. True False

• True

• False

In 2021 to help address climate change, the ECB set up the…

• EU Sustainability Task Force

• ECB Climate Change Centre

• Green banking team

• Network for Greening the Financial System

Which of the following countries is not part of the Eurozone?

• Germany

• Sweden

• Italy

• France