Test Your Knowledge On National Dollar Day With A Quiz!

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Questions: 10 | Attempts: 95 | Updated: Jul 11, 2023

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Test Your Knowledge On National Dollar Day With A Quiz! - Quiz

Are you curious about the history and significance of the United States dollar? Put your knowledge to the test with our National Dollar Day quiz! This quiz is designed to challenge your understanding of the observance, the establishment of the U.S. monetary system, and fascinating facts about the dollar. With these intriguing multiple-choice questions, you'll have the opportunity to showcase your expertise on topics such as the date of National Dollar Day, the symbols on the dollar bill, the control of money circulation, and more. Challenge yourself and see how well you know the currency that plays a crucial role Read morein the global economy. Let's dive into the world of dollars and discover intriguing facts along the way!

Questions and Answers

1.

When is National Dollar Day observed annually?
- A.
  
  August 8
- B.
  
  July 4
- C.
  
  June 12
- D.
  
  September 15
Correct Answer
A. August 8
2.

What event does National Dollar Day commemorate?
- A.
  
  Independence Day
- B.
  
  Establishment of the U.S. monetary system
- C.
  
  Thanksgiving
- D.
  
  Constitution Day
Correct Answer
B. Establishment of the U.S. monetary system
3.

What is the primary reserve currency in the world?
- A.
  
  Euro
- B.
  
  Japanese Yen
- C.
  
  British Pound
- D.
  
  U.S. Dollar
Correct Answer
D. U.S. Dollar
4.

Who controls the circulation of money in the United States?
- A.
  
  U.S. Treasury
- B.
  
  World Bank
- C.
  
  The Federal Reserve System
- D.
  
  International Monetary Fund
Correct Answer
C. The Federal Reserve System
5.

What does the unfinished top of the pyramid on the dollar bill represent?
- A.
  
  Stability and unity
- B.
  
  Education and knowledge
- C.
  
  Innovation and technology
- D.
  
  A growing and expanding country
Correct Answer
D. A growing and expanding country
6.

When was the first paper dollar printed?
- A.
  
  1862
- B.
  
  1792
- C.
  
  1786
- D.
  
  1794
Correct Answer
A. 1862
7.

What material is used to make the dollar bill?
- A.
  
  Plastic
- B.
  
  75% cotton and 25% linen
- C.
  
  Synthetic fabric
- D.
  
  Wood pulp
Correct Answer
B. 75% cotton and 25% linen
8.

Which important historical figure first appeared on the one-dollar bill in 1869?
- A.
  
  Thomas Jefferson
- B.
  
  Abraham Lincoln
- C.
  
  Benjamin Franklin
- D.
  
  George Washington
Correct Answer
D. George Washington
9.

How many countries peg their currencies to the U.S. dollar?
- A.
  
  More than 100
- B.
  
  More than 50
- C.
  
  More than 65
- D.
  
  More than 25
Correct Answer
C. More than 65
10.

Which conference formally established the U.S. dollar as the global reserve currency?
- A.
  
  Bretton Woods Conference
- B.
  
  Geneva Convention
- C.
  
  G7 Summit
- D.
  
  United Nations General Assembly
Correct Answer
A. Bretton Woods Conference

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

Current Version
Jul 11, 2023

Quiz Edited by
ProProfs Editorial Team
Jul 11, 2023

Quiz Created by
Smriti Singh

Test Your Knowledge On National Dollar Day With A Quiz!

When is National Dollar Day observed annually?

What event does National Dollar Day commemorate?

What is the primary reserve currency in the world?

Who controls the circulation of money in the United States?

What does the unfinished top of the pyramid on the dollar bill represent?

When was the first paper dollar printed?

What material is used to make the dollar bill?

Which important historical figure first appeared on the one-dollar bill in 1869?

How many countries peg their currencies to the U.S. dollar?

Which conference formally established the U.S. dollar as the global reserve currency?