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Q38
(IAS/2003)
Geography › World Human & Economic Geography › World economic profiles
Answer Verified
In which one of the following countries is rupee its currency?
Result
Your answer:
—
·
Correct:
D
Explanation
The correct answer is 4) Seychelles. The Republic of Seychelles uses the Seychelles rupee (SCR) as its official currency, as shown in country currency listings [2]. Bhutan’s national currency is the ngultrum; although Indian rupees circulate and are held alongside the ngultrum for cross-border purposes, Bhutan does not have a currency officially called the rupee [1]. Malaysia and the Maldives use other currencies, so among the given options only Seychelles has a currency officially named the rupee. This makes option 4 the correct choice.
Sources
- [2] https://cdn.who.int/media/docs/default-source/health-accounts/countries-codes-and-currencies-(2020).pdf?sfvrsn=2713a6c0_9
- [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 17: India’s Foreign Exchange and Foreign Trade > INTERNATIONALISATION OF RUPEE > p. 500
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