The question asks about the official currency used in Bhutan. To determine the correct answer, we need to identify the official currency of Bhutan among the given options.
Let's evaluate the options one by one:
- Bhutanese Taka: The currency 'Taka' is associated with Bangladesh, not Bhutan. Hence, this is incorrect.
- Bhutanese Dollar: Bhutan does not use 'Dollar' as its currency. So, this is incorrect.
- Bhutanese Rupee: 'Rupee' is commonly associated with India and other South Asian countries but is not the official currency of Bhutan.
- Bhutanese Ngultrum: The 'Ngultrum' is the official currency of Bhutan and is represented by the symbol 'Nu' and the code 'BTN'. The Ngultrum is pegged equal to the Indian Rupee and they are often used interchangeably in Bhutan.
Based on the evaluation of the options, the correct answer is: Bhutanese Ngultrum, as it is the officially recognized currency of Bhutan.
Hence, the correct answer is Bhutanese Ngultrum.
Important Questions from Capitals and Currencies
With reference to `IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct?
1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.
Select the correct answer using the code given below.
Which of the following is/are included in the capital budget of the Government of India?
1. Expenditure on acquisition of assets like roads, buildings, machinery, etc.
2. Loans received from foreign governments
3. Loans and advances granted to the States and Union Territories
Select the correct answer using the code given below.
Recently, which one of the following currencies has been proposed to be added to the basket of IMF's SDR?
The present capital of Burma is _____________.
Gangtok is the capital of
