Explanation
Cotton is the primary material used to make banknotes worldwide. This is because cotton is more durable and resistant to wear and tear compared to other materials, ensuring that banknotes can withstand the rigors of circulation and last longer. The QuizMaster of AnsweringExams.Com suggests remembering this fact by associating it with the date 1963, when the US Treasury began using a 75% cotton and 25% linen blend for its currency, making it easier to recall that cotton is a key component of most banknotes. Other options are incorrect because they do not offer the same level of durability and resistance to degradation as cotton. The topic of currency composition is tested in competitive exams like PPSC, FPSC, CSS, NTS, MDCAT and ECAT. Practice more at AnsweringExams.Com.
