Complete the sentence about Bank of Korea with the correct year: The first Bank of Korea notes circulated after June ______ alongside older notes of the Bank of Chōsen, which were flooded into the market by North Korean forces.

Answer and explanation

Correct answer: B. 1950

The first Bank of Korea notes circulated after June 1950 alongside older Bank of Chōsen notes that North Korean forces had flooded into the market. The bank limited withdrawals to 10,000 won a week.

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