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The Problem of the Rupee, Its Origin and Its Solution

Note 108 — Chapter II

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The following table shows the distribution of the paper currency reserve at three different periods: Period. Note Circulation. Composition of the Reserve. Percentage of each Component of the Reserve to the Total Circulation. Silver. Gold. Securities. Total Silver. Gold. Securities. 1862–1871 7·63 4·80 0·03 2·80 7·63 63 — 37 1872–1881 11·82 5·98 — 5·84 11·82 51 — 49 1882–1891 15·74 9·64 — 6·10 15·74 61 — 39

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