Due to the drastic collapse of international trade and the very little revenue obtained for it, India could only pay off her home charges by selling off her gold reserves.From 1931-32 to 1934-35, India exported Rs.2,330 million worth of gold.
Manikumar, Pg 13 From 1931-32 to 1934-35, India exported Rs.2,330 million worth of gold. Due to the drastic collapse of international trade and the very little revenue obtained for it, India could only pay off her home charges by selling off her gold reserves.
Due to the drastic collapse of international trade and the very little revenue obtained for it, India could only pay off her home charges by selling off her gold reserves. Manikumar, Pg 13 From 1931-32 to 1934-35, India exported Rs.2,330 million worth of gold.
Due to the drastic collapse of international trade and the very little revenue obtained for it, India could only pay off her home charges by selling off her gold reserves. Manikumar, Pg 13 From 1931-32 to 1934-35, India exported Rs.2,330 million worth of gold.