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A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money ), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency . The World Gold Council estimates that all the ...
Exchange rate history of the Indian rupee. This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence ...
The consumption of gold produced in the world is about 50% in jewelry, 40% in investments, and 10% in industry. [13] [148] According to the World Gold Council, China was the world's largest single consumer of gold in 2013, overtaking India. [149]
The following list gives the latest available gross state domestic product (GSDP) figures for all Indian States and Union Territories at current prices in millions or trillions of Indian rupees. No data is available for the union territories of Dadra and Nagar Haveli and Daman and Diu, Ladakh and Lakshadweep.
The Malabar Gold & Diamonds was established in 1993 by M. P. Ahammed. Since 2000, the company has been on an expansion and was reported to be a group worth ₹500 crore in 2005. [ 6] The company claims that they are the first brand to offer only 100% BIS hallmark gold. [ 7] Though the company is mainly committed to India, they are also present ...
The Digital Rupee (e₹) [ 39] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [ 40] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [ 41]
List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Reserve Bank of India. Design date. 2017. The Indian 50-rupee banknote ( ₹ 50) is a denomination of the Indian rupee. The present ₹ 50 banknote in circulation is a part of the Mahatma Gandhi New Series of banknotes. However, ₹ 50 banknotes of the previous series ( Mahatma Gandhi Series) will continue to be legal tender.