Prime Minister of India Narendra Modi and Bhutan Prime Minister Lotay Tshering virtually launched RuPay card Phase-II, to allow Bhutanese cardholders to access RuPay network in India. In August 2019, PM Modi and his Bhutanese counterpart jointly launched Phase-I of the project.
The implementation of Phase-I of RuPay cards in Bhutan has enabled the visitors from India to access ATMs and Point of Sale (PoS) terminals across Bhutan. Phase-II will now allow Bhutanese cardholders to access RuPay network in India.
Important takeaways for all competitive exams:
- Bhutan Capital: Thimphu.
- Bhutan Currency: Bhutanese ngultrum.