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Crore (/ k r ɔːr /; abbreviated cr) denotes the quantity ten million (10 7) and is equal to 100 lakh in the Indian numbering system.In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.
In Telugu, a lakh is called లక్ష lakṣha and a crore is called కోటి kōṭi. In Urdu, a lakh is called لاکھ lākh and a crore is called کروڑ karoṛ. A billion is called arab (ارب), and one hundred billion/arab is called a kharab (کھرب). Lakh has entered the Swahili language as "laki" and is in common use.
A lakh (/ l æ k, l ɑː k /; abbreviated L; sometimes written lac [1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 10 5). [ 1 ] [ 2 ] In the Indian 2, 2, 3 convention of digit grouping , it is written as 1,00,000. [ 3 ]
The global M1 supply, which includes all the money in circulation plus travelers checks and demand deposits like checking and savings accounts, was $48.9 trillion as of Nov. 28, 2022, according to ...
Large denominations of rupees are traditionally counted in lakhs, crores, arabs, kharabs, nils, padmas, shankhs, udpadhas, and anks. Terms beyond crore are not generally used in the context of money; for example, an amount would be called ₨ 1 lakh crore (equivalent to 1 trillion) instead of ₨ 10 kharab.
Vova Even's livelihood depends on his intimate knowledge of supply chains and product availability -- and he's noticed that some major warning signs are flashing bright red. See: 10 Frugal Money...
[1] [2] Money supply data is recorded and published, usually by the national statistical agency or the central bank of the country. Empirical money supply measures are usually named M1, M2, M3, etc., according to how wide a definition of money they embrace. The precise definitions vary from country to country, in part depending on national ...
The Indian rupee (symbol: ₹; code: INR) is the official currency in the Republic of India.The rupee is subdivided into 100 paise (Hindi plural; singular: paisa).The issuance of the currency is controlled by the Reserve Bank of India.