Home

Question

Which country has announced the decision to remove its monarchy from its banknotes?
  • India
  • Australia
  • China
  • Pakistan
Answer- B
The Reserve Bank of Australia has announced that it will remove the image of the British monarch from its banknotes, replacing the late Queen Elizabeth II's portrait on the $5 note with a design celebrating Indigenous culture.

This decision also means that the successor to the throne, Charles III, will not appear on any of Australia's paper currency, marking the end of a long-standing tradition.

The Reserve Bank of Australia has announced that it will engage in consultations with Indigenous people to develop a new design that "pays tribute to the culture and history of the First Australians."