Journal Of The Royal Statistical Society · 1913 · 239 citations · 0 references
BusinessEconomicsFinanceFinancial EconomicsFinancial MarketsMonetary EconomicsCurrency IssuanceCurrency Risk ManagementForeign Currency ReportingForeign Exchange MarketsForeign Exchange OperationsMonetary PolicyCurrency DevaluationCurrency Pricing ModelsForeign Currency Funding
India’s monetary system historically involved the rupee, a gold‑exchange standard, paper currency, remittance bills, state reserves, banking operations, and a discount rate. The study examines India’s current gold holdings and proposes a gold‑based currency. 1.
1. The present position of the rupee 2. The gold-exchange standard 3. Paper currency 4. The present position of gold in India and proposals for a gold currency 5. Council bills and remittance 6. The Secretary of State's reserves and the cash balances 7. Indian banking 8. The Indian rate of discount.