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CHIPS is the payment system for which currency?
Suggested Answer: C
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35 comments · newest first
CO
Cordelia
11 months ago
I thought it was for EURO, not USD!
AN
Antonio
11 months ago
It's been USD for ages, no doubt!
KA
Kara
11 months ago
Wait, are you sure it's not for GBP?
CH
Chaya
12 months ago
Yep, definitely USD!
JO
Johnetta
1 year ago
CHIPS is for USD.
RI
Ricarda
1 year ago
I thought CHIPS was for GBP, but now I'm second-guessing myself. I need to remember the specifics about each payment system!
SE
Selma
1 year ago
I keep mixing up CHIPS with TARGET2 for the Euro. I really hope it's not the Euro, but I can't recall for certain.
SO
Solange
1 year ago
I practiced a question similar to this last week, and I believe CHIPS stands for Clearing House Interbank Payments System, which is definitely tied to USD.
KA
Karl
1 year ago
I think CHIPS is related to the USD, but I'm not completely sure. I remember something about it being a major payment system in the US.
RO
Rodney
1 year ago
Okay, I remember learning about CHIPS in my finance class. I believe it's the payment system for the British pound, so I'll select A.
MI
Michael
1 year ago
The CHIPS payment system sounds familiar, but I can't recall which currency it's associated with. I'll have to make an educated guess.
LA
Laurel
1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully before answering.
BA
Barb
1 year ago
I'm pretty sure CHIPS is the payment system for the US dollar, so I'll go with B.
CH
Christoper
1 year ago
Okay, I've got an idea. Decentralizing a procedure to prevent a complete loss at one location - that sounds like "risk diffusion" to me. I'm going to go with option A.
SH
Shayne
2 years ago
Wait, CHIPS is a payment system? I thought it was just a way to measure the crunchiness of my potato snacks. Color me surprised!
GI
Giovanna
1 year ago
C) EURO
DA
Dahlia
1 year ago
B) USD
EL
Elliot
1 year ago
A) GBP
MI
Ming
2 years ago
CHF, obviously. The Swiss are known for their precision, so it only makes sense that their currency would be the official tender for CHIPS.
BA
Barney
1 year ago
D) CHF
YV
Yvette
1 year ago
C) EURO
AL
Aleisha
1 year ago
B) USD
RO
Royce
1 year ago
A) GBP
EM
Emerson
2 years ago
I'm pretty sure it's USD.
GI
Gianna
2 years ago
C'mon, it's gotta be the Euro! I mean, who doesn't love a good ol' game of 'Chip and Pin' while in Europe?
LA
Lachelle
1 year ago
Yeah, 'Chip and Pin' is pretty popular in Europe.
AL
Alaine
1 year ago
I think you're right, it's definitely the Euro.
DE
Derick
2 years ago
Hmm, let's see... CHIPS, huh? I'm guessing it's got to be USD, since that's the currency used in the land of the free and the home of the deep-fried deliciousness.
LE
Leatha
2 years ago
I believe it's EURO.
JE
Jesus
2 years ago
CHIPS? I thought that was the snack food company! Guess I've been eating the wrong kind of chips all this time.
JU
Jutta
1 year ago
D) CHF
HE
Heike
1 year ago
C) EURO
BE
Bettina
1 year ago
B) USD
MA
Maurine
1 year ago
A) GBP
WI
Willow
2 years ago
I think it's GBP.