No. 113.-COUNCIL BILLS and TELEGRAPHIC TRANSFERS DRAWN on INDIA by the SECRETARY OF STATE. Excludes issues to Exchange banks at fixed rate of 18. 4d. The Exchange is the sum which must be added to or deducted from the sterling amount received in order to ascertain the amount in fifteens of rupees of the Bills drawn. There was no sale of Council Bills during the year. If the calculation is based on a 28. per rupee basis, the difference amounts to-Rs. 2,43,00,080, as published in Account No. 98 of the Finance and Revenue Accounts. +Average rate. (a) No sale. No. 115.-COUNCIL BILLS and TELEGRAPHIC TRANSFERS DRAWN on CALCUTTA, BOMBAY and MADRAS. NOTE.-The figures in this table include drawings against Gold Standard and Paper Currency Reserves. There was no sale of Council Bills during the year. No. 116.-COUNCIL BILLS and TELEGRAPHIC TRANSFERS PAID in CALCUTTA, BOMBAY and MADRAS. (a) Includes the amounts drawn against the Gold Standard Reserve, Rs. 90,00,000=£¤00,000 in 1914-15, (b) Includes the amounts drawn against the Gold Standard Reserve and the Paper Currency Reserve, Rs. 23,58,49,000=£15,723,000 in 1915-16, Rs, 34,93,37,000 = £23,289,000 in 1916-17, and Rs. 15,05,25,000 = £10,035,000 in 1917-18. (c) Includes Rs. 21,51,96,000=£14,346,000 drawn against the Paper Currency Reserve. There was no sale of Council Bills during the year. No. 117-SAI ES by the SECRETARY of STATE of BILLS and TRANSFERS on INDIA in each month-contd. No. 118.-SALES by the GOVERNMENT of INDIA of BILLS and TRANSFERS on LONDON in each month. (a) The lowest rate at which Immediate T. T's on London were offered for sale during 1919-20 was 1s. 5d. but no portion of £21,284,000 (Immediates shown above) was sold at this rate. The lowest rate at which sale were actually effected during the year was 2s. 3ffd. (b) Fixed rate. e No sale. |