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The external debt/GDP ratio rose from 42% to 50%, accompanied by increases in the external debt/exports ratio (from 209% to 258%) and the debt service ratio (from 18% to 27%). A deteriorating external debt profile led to a rise in domestic debt, reaching Rs. 909 billion, and a domestic debt/GDP ratio of 42%.
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4]
The self-sufficiency level was just under 50% in the 1950s, peaking at 80% in the 1980s, before declining to its present level at the turn of the 21st century. [137] Agriculture added gross value of £12.18 billion to the economy in 2018, and around 467,000 people were employed in agriculture, hunting, forestry and fishing.
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 Bangladesh Garments Manufacturers and Exporters Association (BGMEA) has predicted textile exports will rise from US$7.90 billion earned in 2005–06 to US$15 billion by 2011. In part this optimism stems from how well the sector has fared since the end of textile and clothing quotas, under the Multifibre Agreement, in early 2005.
Combined with the prevailing gold-silver ratio of 15, the standard for gold was calculated at 371/15 = 24.73 grains fine gold or 26.98 grains 22K gold. Rounding the latter to 27.0 grains finalized the dollar's standard to 24.75 grains of fine gold or 24.75 × 15 = 371.25 grains = 24.0566 grams = 0.7735 troy ounces of fine silver.
India electricity generation by source. The first demonstration of electric light in Calcutta (now Kolkata) was conducted on 24 July 1879 by P.W. Fleury & Co.On 7 January 1897, Kilburn & Co secured the Calcutta electric lighting license as agents of the Indian Electric Co, which was registered in London on 15 January 1897.