CzechiaTéma 12, úloha 9 · Currency and banking
The basic interest rate affects, for example, commercial mortgage rates and interest on loans. Which institution sets the basic interest rate in the Czech Republic?
In the exam (Czech)
Základní úroková sazba ovlivňuje např. komerční hypoteční úrok nebo úroky k půjčkám. Která instituce stanovuje základní úrokovou sazbu v České republice?
- aThe government.Vláda.
- bThe tax office.Finanční úřad.
- cThe Ministry of Finance.Ministerstvo financí.
- dThe Czech National Bank.Česká národní banka.Correct answer
Why?
The basic interest rates (for example the two-week repo rate) are set by the Bank Board of the Czech National Bank. In this way it affects the interest on mortgages and loans; neither the government nor the Ministry of Finance sets them.
Translated with AI. In the exam the question is in Czech, as shown above.
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What is the highest value of a valid Czech coin?Correct answer:50 Czech crowns.
Jakou nejvyšší hodnotu má platná česká mince? — 50 korun českých.
Téma 12, úloha 1
Which institution issues banknotes and coins in the Czech Republic?Correct answer:The Czech National Bank.
Která instituce vydává v České republice bankovky a mince? — Česká národní banka.
Téma 12, úloha 2
A banknote shows a famous Czech writer, the author of the book The Grandmother (Babička). What is this woman's name?Correct answer:Božena Němcová.
Na bankovce je známá česká spisovatelka – autorka knihy Babička. Jak se tato žena jmenuje? — Božena Němcová.
Téma 12, úloha 3
What is the currency of the Czech Republic called?Correct answer:Czech crown.
Jak se nazývá měna České republiky? — Koruna česká.
Source
Questions and correct answers: Databanka testových úloh z českých reálií (databank of test items on Czech realities), 10th edition, updated 5 January 2026, © Národní pedagogický institut České republiky (NPI ČR). The English translation and the explanations are ours, written with the help of AI; in the exam the questions are in Czech. The source of each picture is given with it. We are not affiliated with NPI ČR or with the Institute for Language and Preparatory Studies of Charles University (ÚJOP UK).
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