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An anna (or ānna) was a currency unit formerly used in British India, equal to 1 ⁄ 16 of a rupee. [1] It was subdivided into four pices or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise.
Loan-to-value (LTV) is the ratio of loan amount to the actual value of asset purchased. The RBI regulates this ratio so as to control the amount a bank can lend to its customers. For example, an individual wants to buy a car using borrowed money and the car's value is ₹1 million. If the LTV is set to 70% he can borrow a maximum of ₹700,000.
In 1915, the mint issued the Panama–Pacific half union, which had a face value of $50. This was the first time a commemorative coin was produced in a denomination that was not issued for circulation (a half union coin was proposed, but was never released into circulation). The coin was offered in both round and octagonal versions, the latter ...
The quarter, formally known as the quarter dollar, is a coin in the United States valued at 25 cents, representing one-quarter of a dollar.Adorning its obverse is the profile of George Washington, while its reverse design has undergone frequent changes since 1998.
Indian historian Rajat Kanta Ray argued the economy established by the East India Company in 18th-century Bengal was a form of plunder and a catastrophe for the traditional economy of India, depleting food and money stocks and imposing high taxes that helped cause the famine of 1770, which killed a third of Bengali population. [74]
The Oregon Trail Memorial half dollar was a fifty-cent piece struck intermittently by the United States Bureau of the Mint between 1926 and 1939. The coin was designed by Laura Gardin Fraser and James Earle Fraser, and commemorates those who traveled the Oregon Trail and settled the Pacific Coast of the United States in the mid-19th century.
In 1902, the government began to increase the value of the baht by following all increases in the value of silver against gold but not reducing it when the silver price fell. Beginning at 21.75 baht per pound sterling, the currency rose in value until, in 1908, a fixed peg to the British pound sterling was established of 13 baht per pound. This ...
Indian cricket team in Zimbabwe in 2013: Javagal Srinath: 7 Indian cricket team in New Zealand in 2002–03: Roger Binny: 8 1983 Cricket World Cup: Umesh Yadav: 8 2015 Cricket World Cup: Jasprit Bumrah: 9 2019 Cricket World Cup: Zaheer Khan: 11 2003 Cricket World Cup: Last updated: 16 November 2023 [187]