UPSC 1997: The economic and monetary union of 15 European Countries is proposed to be made by 1999. But the currencies of two countries, Franc, have already the same value and circulate freely in both the countries. The countries are

The correct answer is option (c): Luxembourg and Belgium. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.

This question was asked in UPSC CSE Prelims 1997, GS Paper 1, as Question 4. It falls under Current Affairs > International Organisations & Groupings.

This question is rated "moderate". It requires sound conceptual understanding of the topic.

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