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Question

Which of the following is the currency of Myanmar?

The correct answer is
Kyat

Myanmar Currency Identification

The question requires identifying the official currency of Myanmar from the provided options.

Currency Facts

Myanmar, a country in Southeast Asia, uses a specific currency for its financial transactions.

  • Identify the Country: The focus is on Myanmar.
  • Determine the Currency: The official currency of Myanmar is the Kyat. It is often denoted by the symbol K or MMK.
  • Evaluate Options:
    • Kyat: Correct currency for Myanmar.
    • Naira: Currency of Nigeria.
    • Rial: Currency used in Iran, Oman, and Yemen.
    • Krone: Currency used in Denmark, Norway, and Sweden.

Conclusion

Based on the evaluation, the Kyat is the currency of Myanmar.

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Important Questions from Capitals and Currencies

  1. 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.

  2. 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.

  3. Recently, which one of the following currencies has been proposed to be added to the basket of IMF's SDR?

  4. The present capital of Burma is _____________.

  5. Gangtok is the capital of

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