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Q: What does what would RS. 90,000 crore mean in the United States. ( Answered,   1 Comment )
Question  
Subject: What does what would RS. 90,000 crore mean in the United States.
Category: Business and Money
Asked by: chilebean-ga
List Price: $2.00
Posted: 30 Jul 2002 12:16 PDT
Expires: 29 Aug 2002 12:16 PDT
Question ID: 46995
What does what would RS. 90,000 crore mean in the United States.
Answer  
Subject: Re: What does what would RS. 90,000 crore mean in the United States.
Answered By: secret901-ga on 30 Jul 2002 12:46 PDT
 
According to my Oxford English Dictionary, a crore is 10 million
rupees, thus RS. 90,000 crore (ninety thousands) would correspond to
900,000,000,000 (nine hundred billion) rupees.  At the current rate of
0.0205276 dollar for each rupee, the exchange would become
$18,474,802,422.25 ($18.5 billion)
If you have $18.5 billion, you can buy virtually anything in the US. 
Google is worth less than $2 billion.  Bill Gates has about $54
billion.
Source: http://www.xe.com/ucc/

If you have any question, please request for clarification before
rating.
secret901-ga
Comments  
Subject: Re: What does what would RS. 90,000 crore mean in the United States.
From: answerwala-ga on 09 Sep 2002 12:04 PDT
 
Here is some million billion crore lac conversion thumb rule

1 Billion US $ = Rs. 5000 Crore
1 Million US $ = 5 Crores
Average Salary indian Metro of 
Basic Operators such as Peons etc = Rs. 1600 = 64 USD
Average Salary in US of 
Basic Operators such as Peons etc = Us $ 2000 = Rs. 1 lac = Rs. 100
thousand
Average Income of Software Developer in India = Rs. 10000 = USD 200
Average Income of Software Developer in US = US $ 4000 = Rs. 2 lac =
Rs. 200 K
Average Income of Fresh Premium Business 
School graduate in India                   = Rs. 60000 = USD 1200   
Average Income of Fresh Premium Business 
School graduate in USA                     = US $ 10000 = Rs. 5 lacs 

Average Cost of Construction in Metro India = Rs. 700 per Square foot=
US $ 14

Average Cost of equivalent Construction in New York City per Square
foot
= USD 125 = Rs 6250 per

Average Amount of Money a top Corrupt Politician Makes in Inda in
Lifetime of loot = US $ 200 million = Rs. 1000 Crores
Average Amount of Money a top Corrupt Politician Makes in US 
= Data as yet to emerge.

All figures approximate. 

Therefore if you have 1 Billion US $ = Rs. 5000 Crore in India; you
may will as lavishly as you do in India, but for shorter period. Ditto
for 18 Billion
US $ . 90000 Crores.

Hope this gives you the idea.

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