Question
Download Solution PDFWhat is the currency of Bangladesh, a neighbouring country of India?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is taka.
Key Points
- Taka:-
- It is the official currency of Bangladesh.
- It is subdivided into 100 poisha.
- The taka was introduced in 1972, after the independence of Bangladesh from Pakistan.
- The currency is issued by the Bangladesh Bank.
- The taka is a symbol of Bangladesh's national identity and economic progress.
- It is also a reminder of the country's struggle for independence.
Additional Information
- Kyat:-
- It is the official currency of Myanmar (Burma).
- It is subdivided into 100 pyas. The kyat was introduced in 1952, after the independence of Myanmar from the British Empire.
- The currency is issued by the Central Bank of Myanmar.
- Ngultrum (BTN):-
- It is the official currency of Bhutan.
- It is subdivided into 100 chetrums.
- The ngultrum was introduced in 1974, and it is currently pegged to the Indian rupee at par.
- Yuan:-
- It is the official currency of the People's Republic of China (PRC).
- It is the basic unit of the renminbi (RMB), which literally means "people's currency".
Last updated on Jul 14, 2025
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