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Question :

Which of the following options correctly identifies the location of the headquarters of the European Central Bank (ECB)?

1. London, United Kingdom

2. Paris, France

3. Frankfurt, Germany

4. Rome, Italy

5. Brussels, Belgium

Correct Answer : 3
Solution :

The European Central Bank (ECB) is headquartered in Frankfurt, Germany. The ECB is responsible for managing the euro, setting monetary policy for the Eurozone, and ensuring financial stability within the member states of the European Union that have adopted the euro. Frankfurt is considered the financial capital of the Eurozone and hosts several major financial institutions, making it a strategic choice for the ECB headquarters.

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