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The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
The Indian numbering system is used in the Indian subcontinent (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka) to express large numbers.The terms lakh or 1,00,000 (one hundred thousand, written as 100,000 in Pakistan, and outside the Indian subcontinent) and crore or 1,00,00,000 [1] (ten million, written as 10,000,000 outside the subcontinent) are the most commonly used terms ...
A crore ( / krɔːr /; abbreviated cr) denotes ten million (10,000,000 or 10 7 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000). [ 1]
As of 2021, with 3000 pharmaceutical companies and 10,500 manufacturing units India is the world's third-largest pharmaceutical producer, largest producer of generic medicines and supply up to 50–60% of global vaccines demand, these all contribute up to US$ 24.44 billions in exports and India's local pharmaceutical market is estimated up to ...
The Ancient Greeks used a system based on the myriad, that is, ten thousand, and their largest named number was a myriad myriad, or one hundred million. In The Sand Reckoner, Archimedes (c. 287–212 BC) devised a system of naming large numbers reaching up to. essentially by naming powers of a myriad myriad. This largest number appears because ...
This section illustrates several systems for naming large numbers, and shows how they can be extended past vigintillion . Traditional British usage assigned new names for each power of one million (the long scale ): 1,000,000 = 1 million; 1,000,0002 = 1 billion; 1,000,0003 = 1 trillion; and so on. It was adapted from French usage, and is ...
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
There are one billion cubic millimetres in a cubic metre, and a billion cubic metres in a cubic kilometre. A billion grains of table salt or granulated sugar would occupy a volume of about 2.5 cubic feet (0.071 m 3). A billion cubic inches would be a volume comparable to a large commercial building slightly larger than a typical supermarket.