The Problem of the Rupee, Its Origin and Its SolutionAmbedkar, B. R. (Bhimrao Ramji)
History
The Problem of the Rupee, Its Origin and Its Solution
Ambedkar, B. R. (Bhimrao Ramji)
Currency question -- India
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Acts prescribing the Fiduciary Issue of Currency Notes.
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Act Act Act Act Act Act Act
V of IX XI XIX VI II XXVI
I. Limits to 1915 of of of of of if
fiduciary issues 1916 1917 1917 1918 1919 1919
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In Lakhs of Rupees.
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(a) Permanent 14,00 14,00 14,00 14,00 14,00 14,00 14,00
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(b) Temporary 6,00 12,00 36,00 48,00 72,00 86,00 106,00
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Total limit 20,00 26,00 50,00 62,00 86,00 100,00 120,00
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II. Total issues of 61,63 67,73 86,38 99,79 153,46 179,67³³⁶
currency notes
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Silver 32,34 23,57 19,22 10,79 37,39 47,44
III. ─────────────────────────────────────────────────────────────────────────────
Reserve Gold 15,29 24,16 18,67 27,52 17,49 32,70
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Securities 14,00 20,00 48,49 61,48 98,58 99,53
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³³⁶ On November 30,1919. The rest of the figures are for March 31.
Public-domain text, read in full here on John Shaqi.
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