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Question 33 of 72 · World GK: Countries, Capitals & Currencies
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The currency of Bhutan is the:

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Answer: Option A — Ngultrum

Detailed Solution

The Ngultrum (currency code: BTN; symbol Nu.) is the official currency of Bhutan.

About the Ngultrum:

  • It was introduced in 1974 by the government of Bhutan.
  • One Ngultrum is divided into 100 "chhertum".
  • The word "ngul" means silver and "trum" means coin.
  • It is issued by the Royal Monetary Authority of Bhutan (RMA), the central bank of Bhutan, set up in 1982.
  • It is pegged to the Indian rupee at par (1 Ngultrum = 1 Indian rupee).
  • The Indian rupee is also accepted as legal tender in Bhutan, alongside the Ngultrum (though Indian notes of high denominations have had restrictions at times).
  • Before the Ngultrum, the Indian rupee was widely used in Bhutan, and Bhutan also issued its own silver and copper coins.

About the economy of Bhutan:

  • Its largest export is hydroelectric power, most of which is sold to India.
  • Its other main sectors are agriculture, forestry, tourism and mining.
  • It follows a "high value, low volume" tourism policy, charging visitors a "Sustainable Development Fee"; Indian tourists pay a lower fee.
  • India is Bhutan's largest trading partner and development partner.

Currencies of India's neighbours:

  • Nepal: Nepalese rupee (also pegged to the Indian rupee, at 1.6 Nepalese rupees = 1 Indian rupee).
  • Bangladesh: Taka.
  • Myanmar: Kyat.
  • Sri Lanka: Sri Lankan rupee.
  • Pakistan: Pakistani rupee.
  • Maldives: Rufiyaa.
  • China: Renminbi (Yuan).

Other facts:

The Indian rupee symbol (₹) was adopted in 2010; it was designed by D. Udaya Kumar.

India's UPI (Unified Payments Interface) payments are accepted in Bhutan (since 2021), Nepal, Sri Lanka, Mauritius, the UAE, Singapore, France and other countries.

Why not the other options?

  • ✗The rupee is the currency of India, Pakistan, Nepal and Sri Lanka.
  • ✗The Taka is the currency of Bangladesh.
  • ✗The Kyat is the currency of Myanmar.

Quick tip

Remember: Bhutan's currency = Ngultrum (1974; pegged 1:1 to the Indian rupee; issued by the Royal Monetary Authority); Bangladesh = Taka; Myanmar = Kyat; Maldives = Rufiyaa.

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World GK: Countries, Capitals & Currencies — Preparation

This question tests your understanding of World GK: Countries, Capitals & Currencies, a key topic in the General Knowledge section. The detailed solution above uses a step-by-step approach to show the reasoning, and where available, a shortcut that helps you solve similar questions in under 90 seconds during the actual exam.

This topic covers world GK: countries with their capitals, currencies and parliaments, national symbols, famous landmarks, the longest, largest and highest features of the world, and international boundary lines such as the Radcliffe, McMahon and Durand Lines. The most common questions match a country with its capital or currency, or a parliament with its name (such as the Knesset of Israel or the Diet of Japan). Revise countries continent by continent, giving extra attention to India's neighbours. Questions on boundary lines usually ask which two countries a line separates. Practise the world GK questions below, written in the style of the general awareness sections of exams such as SSC, banking, railways, CUET GAT, MAH CET and CLAT. Each question comes with a detailed explanation that adds related facts, so every question helps you revise more than one point.

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