Plastic Bank Notes Couple Replace Paper Notes

Plastic Bank Notes Couple Replace Paper Notes

Assessment

Interactive Video

Business, Other

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the transition from paper to polymer banknotes, highlighting the benefits such as durability, cleanliness, and enhanced security features. It mentions the historical context of the Bank of England's decision and compares it to other countries like Australia and Canada. Public opinion is considered, and the new notes are expected to be smaller and more durable, with a decision expected by December and production starting by 2016.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main advantages of polymer banknotes over paper ones?

They are more environmentally friendly.

They are cheaper to produce.

They are easier to counterfeit.

They repel dirt and moisture better.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country was the first to introduce polymer banknotes?

United States

United Kingdom

Australia

Canada

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected reduction in size for the new polymer banknotes?

25%

20%

15%

10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the final decision on the introduction of polymer banknotes expected?

November

December

January

February

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year could the first polymer banknotes be produced by the Bank of England?

2015

2016

2017

2014