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European Central Bank

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

Where is the headquarters of the ECB located?

a)

Brussels

b)

Frankfurt

c)

Paris

d)

Strasbourg

e)

Luxembourg City

2.

Who is the current President of the ECB?

a)

b)

c)

d)

e)

3.

Name a EU country (NOT Romania) that doesn't use the EURO:

(a)  

4.

What is the main decision-making body of the ECB?

a)

Governing Council

b)

General Council

c)

Supervisory Board

d)

Central Commission

e)

The Bureau

5.

When did euro banknotes and coins become the only legal tender in the eurozone?

(a)  

6.

What is a key function of the ECB’s monetary policy?

a)

Regulates national taxation

b)

Controls inflation and price stability

c)

Approves government spending

d)

Manages EU trade agreements

e)

Issues EURO coins

7.

Name a non-EU country that uses the euro through a formal agreement with the EU?

(a)  

8.

Which of the following institutions officially proposes new eurozone members?

a)

International Monetary Fund

b)

Council of the EU

c)

European Council

d)

European Parliament

e)

European Commission

9.

What is the maximum allowed government budget deficit and public debt for a country to join the eurozone?

a)

5% of GDP & 40% public debt

b)

1% of GDP & 80% public debt

c)

4% of GDP & 70% public debt

d)

3% of GDP & 60% public debt

e)

2% of GDP & 50% public debt

10.

Name the country that is part of ERM II, but not part of the Eurozone

(a)