QUIZ 252

Check your Knowledge Quotient!

1. Standard & Poor's lowered the Cyprus credit ratings to "selective default" from CCC/C.

A. True

B. False

C. Both of the above

D. None of the above

2. Cyprus secured a loan package worth 10bn euros from its EU partners and the International Monetary Fund.

           

A. True

B. False

C. Both of the above

D. None of the above

3. It is estimated that about one half to a third of all Cyprus bank deposits are of Russian origin.

           

A. True

B. False

C. Both of the above

D. None of the above

4. Cyprus, which adopted the euro in 2008, has its monetary policy decided by the European Central Bank in Frankfurt.

           

A. True

B. False

C. Both of the above

D. None of the above

5. Wolfgang Schauble is the German Finance Minister.

A. True

B. False

C. Both of the above

D. None of the above

Best of luck!

Answers

1 – A, 2 – A, 3 – A, 4 – A, 5 – A