§ 1. Sir FREDRIC WISE
asked the Under-Secretary of State for India the amount of gold coin and bullion and the notes in circulation in the Indian currency returns to date?
§ The UNDER-SECRETARY of STATE for INDIA (Earl Winterton)
On the 15th April the figures were as follow:
|Gold coin and bullion valued at the present statutory ratio||22.3|
|Gross note circulation||138.6|
§ I am circulating in the OFFICIAL REPORT a copy of the currency return from which these figures are extracted.
§ Following is the return promised:
§ Note Circulation and Form of the Indian Paper Currency Reserve on 15th April, 1926.
§ The Note circulation was Rs. 18,858 lakhs.
§ The Reserve against it was held in the following form:
|Lakhs of Rs.|
|Silver coin and bullion in India||8,416|
|Gold coin and bullion in India||2,232|
|Securities (Government of India)||5,711|
|Securities (British Government)||2,499|