The expenditure associated with the elections is substantial. According to the Delhi-based Center for Media Studies, the 2019 general election cost 8.6 billion U.S. dollars and this year's cost is estimated to surpass 1.2 trillion rupees (14.4 billion dollars). MAIN ISSUES Modi assumed office a...
one country's money can become weaker or stronger against other currencies. For example, if the USD/Indian rupee (INR) conversion rate is 65.2, then one USD is worth 65.2 Indian rupees.
But with e-rupee transfers, there is no intermediary. It is the electronic equivalent of handing cash over to another person. The money is never ‘in transit’, nor is there any need for inter-bank settlement. The e-rupees are simply transferred from one wallet to another, and the funds ...
How much money in US dollars is 1 crore rupees? How does a Rupee (currency) depreciate? Define the Exchange rate . What happened to the Zimbabwe currency? What is a daily currency rate and how is it calculated? What determines the value of a country's currency? What is the everyday li...
Currency is used as a medium to exchange goods and services. Every country has its currency likeAmerican currency is the dollar, Indian currency is rupees. The value of different currencies varies from nation to nation. Answer and Explanation:1 ...
When the amount of the sale and the amount that was received as a sale consideration exceed 50 lakh rupees (Rs. 50 lakh) during the previous year When the amount of the sale exceeds Rs. 50 lakh, regardless of the amount of the sale consideration that was received during the previous ...
The Sensex is the benchmark stock index of India's economy and represents 30 of the country's largest and most well-capitalized stocks listed on the BSE. The index was launched in 1986 and is operated by S&P. It is calculated in Indian rupees and U.S. dollars. ...
He emphasized the importance of the Competition Commission of India’s (CCI) orders in resolving these issues, stating that the orders put out by the CCI apply to the entire country as opposed to being directed towards the specific aggrieved individual. ...
Perhaps a few rupees could have flexed this man's rigid plans for lunch. Instead, I found a chair in the shadows, pulled up and waited. After about 20 minutes (during which no lunch was consumed), the man capitulated. He approached me, took my piece of paper, ripped it an...
If the review is not complete, the IMF program is effectively suspended. It is usually not a big problem for a country where monetary stability has been reached (the central bank is no longer creating forex shortages by suppressing rates) and many countries usually choose not to completely draw...