Sweden - Current Affairs Questions and Answers

1)   What is the name of Sweden’s digital currency?

a. Erokna
b. Enokra
c. Ekrona
d. Earnok
Answer  Explanation 

ANSWER: Ekrona

Sweden has to decide whether it wants to issue a digital currency known as “Ekrona” within a period of two years

  • Deputy governor of Sweden’s central bank Riksbank announced the bank is considering the move after fall in sage of cash
  • Amount of notes and coins in circulation has fallen by 40 percent since 2009 with rise in online shopping and card payments
  • This is the first time a nation would give direct access to citizens for virtual money issued by a central bank
  • It is not the only country considering this
  • UK is also reported to be considering whether digital currency created and owned by the central government may be a positive way out of economic problems
  • Sweden is located in Scandinavia and it has capital city Stockholm built on 14 islands
  • Sweden has more than 50 bridges and open air Skansen
  • Its current currency is the Swedish krone and the official language spoken here is Swedish.

2)   With which country India signed six agreements to enhance bilateral co-operation on 1st June’15 during the visit of President of India?

a. Boston
b. Sweden
c. Norway
d. Liberia
Answer  Explanation 

ANSWER: Sweden

These include Memorandum of Understandings on sustainable Urban Development, Micro, Small and Medium Enterprises, health and visa waiver programme for diplomatic passport holders. The agreements were signed in presence of President Pranab Mukherjee and Swidish Prime Minister Stefan Lofven at Stockholm.