Online Encyclopedia

CRORE (Hindustani karor)

Online Encyclopedia
Originally appearing in Volume V07, Page 505 of the 1911 Encyclopedia Britannica.
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CRORE (Hindustani karor)  , an Anglo-
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Indian
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term for a
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hundred lakhs or ten million . It is in
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common use for
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statistics of
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trade and especially coinage . In the days when the
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rupee was
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worth its
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face value of 2S. a
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crore of rupees was exactly worth a million
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sterling, but now that the rupee is fixed at 15 to the £1, a crore is only worth £666,666 .

End of Article: CRORE (Hindustani karor)
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