Question

This treaty was signed in 1992 and led to the formation of the European Union. After this, the monetary policies were modified and a common currency was implemented. Which of the following is being talked about here?

• A. Treaty of Versailles
• B. Treaty of Rome
• C. Maastricht-Netherlands Treaty
• D. Potsdam Declaration

Answer 1

The correct option is C Maastricht-Netherlands Treaty

On February 7, 1992, a treaty was signed in The Maastricht - Netherlands. This created the European Union with its headquarters at Brussels, Belgium. The monetary policies of the countries were modified. A common currency called the Euro replaced all the individual national currencies. Today the European Union has 28 member states.