Question

What organization has devised codes and symbols for currencies to be used in international bank transactions?

a.

World Bank

b.

International Monetary Fund (IMF)

c.

International Standard Organisation (ISO)

d.

Bank for International Settlements (BIS)

Answer: (c).International Standard Organisation (ISO) Explanation:The International Standard Organisation (ISO) has devised codes and symbols for currencies to be used in international bank transactions.

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Q. What organization has devised codes and symbols for currencies to be used in international bank transactions?

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