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Question 54 of 72 · World GK: Countries, Capitals & Currencies
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The Pataca is the currency of:

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Answer: Option C — Macau

Detailed Solution

The Macanese Pataca (code: MOP) is the official currency of Macau, a Special Administrative Region (SAR) of China.

About the Pataca:

  • It was introduced in 1894 under Portuguese rule.
  • It is issued by two commercial banks, the Bank of China (Macau Branch) and the Banco Nacional Ultramarino (BNU), under the supervision of the Monetary Authority of Macao.
  • It is pegged to the Hong Kong dollar, which in turn is linked to the US dollar.
  • The Hong Kong dollar is also widely accepted in Macau.

About Macau:

  • It is located on the southern coast of China, at the mouth of the Pearl River, about 60 km west of Hong Kong.
  • It was a Portuguese trading post from 1557, and a Portuguese colony later.
  • It was handed back to China on 20 December 1999, under the "one country, two systems" principle, and became a Special Administrative Region.
  • It will keep a high degree of autonomy for 50 years (until 2049) in all matters except defence and foreign affairs.
  • Its official languages are Chinese (Cantonese) and Portuguese.
  • It is one of the most densely populated places in the world.
  • It is called the "Las Vegas of Asia" or the "Monte Carlo of the Orient", because gambling (casinos) and tourism are the main parts of its economy.

The "Historic Centre of Macao" is a UNESCO World Heritage Site (2005), showing a mix of Portuguese and Chinese architecture; the ruins of St. Paul's Cathedral are its most famous landmark.

The "Hong Kong-Zhuhai-Macau Bridge" (opened 2018), about 55 km long, is one of the longest sea-crossing bridges in the world.

About Hong Kong:

  • It was a British colony from 1842 (after the First Opium War) and was handed back to China on 1 July 1997.
  • Its currency is the Hong Kong dollar.

Currencies of some other Asian places:

  • Taiwan: New Taiwan dollar.
  • Malaysia: Ringgit.
  • Singapore: Singapore dollar.
  • Thailand: Baht.
  • Vietnam: Dong.
  • Philippines: Peso.
  • South Korea: Won.
  • Indonesia: Rupiah.

Why not the other options?

  • ✗Hong Kong's currency is the Hong Kong dollar.
  • ✗Taiwan's currency is the New Taiwan dollar.
  • ✗Malaysia's currency is the Ringgit.

Quick tip

Remember: Pataca = Macau (Portuguese colony until 20 December 1999; "Las Vegas of Asia"; pegged to the Hong Kong dollar); Hong Kong = returned 1997 (HK dollar); Malaysia = Ringgit; Taiwan = New Taiwan dollar.

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World GK: Countries, Capitals & Currencies — Preparation

This question tests your understanding of World GK: Countries, Capitals & Currencies, a key topic in the General Knowledge section. The detailed solution above uses a step-by-step approach to show the reasoning, and where available, a shortcut that helps you solve similar questions in under 90 seconds during the actual exam.

This topic covers world GK: countries with their capitals, currencies and parliaments, national symbols, famous landmarks, the longest, largest and highest features of the world, and international boundary lines such as the Radcliffe, McMahon and Durand Lines. The most common questions match a country with its capital or currency, or a parliament with its name (such as the Knesset of Israel or the Diet of Japan). Revise countries continent by continent, giving extra attention to India's neighbours. Questions on boundary lines usually ask which two countries a line separates. Practise the world GK questions below, written in the style of the general awareness sections of exams such as SSC, banking, railways, CUET GAT, MAH CET and CLAT. Each question comes with a detailed explanation that adds related facts, so every question helps you revise more than one point.

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