History of Indian Currency: 5 Periods
The following points highlight the five well-defined periods in history of Indian currency. The periods are: 1. 1835-1897-The Silver Standard 2. 1898-1917-The Gold Exchange Standard 3. 1917-1927 —The period of Managed Exchange 4. 1927-1931-The Gold Bullion Standard 5. Sep. 1931-1947-The Sterling Exchange Standard. 1. Period of 1835-1879 —The Silver Standard: Before India came under the sway of the British, its [...]