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Bhutan's currency is the ngultrum, whose value is fixed to the Indian rupee. The Indian rupee is also accepted as legal tender in the country. Though Bhutan's economy is one of the world's smallest, [144] it has grown rapidly in recent years, by eight per cent in 2005 and 14 per cent in 2006. In 2007, Bhutan had the second-fastest-growing ...
With the Coinage Act of 1792, the United States Congress created the U.S. dollar, defining it to have "the value of a Spanish milled dollar as the same is now current" [3] [4] but a variety of foreign coins were deemed to be legal tender until the Coinage Act of 1857 ended this status. [5] The earliest U.S. dollar coins did not have any dollar ...
After winning INR 1 crore, he had very logically explained the rationale that if he got it right then it would be an increment of 650% to INR 7.5 crore vs getting it wrong would reduce his prize winnings by 25% only, back down to INR 75,00,000. Goel answered the final question incorrectly and won ₹75,00,000. [65]
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.
The Greeks who conquered Sindh in 325 BC under the command of Alexander the Great referred to the Indus River as Indós, hence the modern Indus. The ancient Iranians referred to everything east of the river Indus as hind. [14] [15] The word Sind is a Persian derivative of the Sanskrit term Sindhu, meaning "river," a reference to the Indus River ...
Silver one rupee coins used in India during the British Raj, showing George V, King-Emperor, 1913 (left) and 1919 (right) One rupee coins showing George VI , King-Emperor, 1940 (left) and just before India's independence in 1947 (right) [ i ]
In 2013, World Toilet Day was celebrated as an official UN day for the first time. The term "open defecation" was used in high-level speeches, that helped to draw global attention to this issue (for example, in the "call to action" on sanitation issued by the Deputy Secretary-General of the United Nations in March 2013).