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-Indian term for a hundred lakhs or ten million. It is in common use for statistics of trade and especially coinage. In the days when the rupee was worth its face value of 2S. a crore of rupees was exactly worth a million 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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