Question

Among the following, which country has declared to remove the British Monarchy from its Central Bank Currency Notes on 2 February, 2023?

  1. Canada
  2. Australia
  3. Sri Lanka
  4. Nepal

Answer:

Option B: Australia

Detailed Solution:

The correct answer is “Australia”.

Australia announced on February 2, 2023 that it will remove the British monarch from its $5 banknotes, replacing Queen Elizabeth II's image with a design honoring Indigenous culture.