Money, Banking and Exchange in India (Classic Reprint)

Although this book was written with the object of explaining the. intricacies of Indian Currency andE xchange in language as simple as possible for the enlightenment of the general public, it may, I hope, prove of some use also to college students beginning their courses in economics. It is a matter for gratification that the Government of India has kindly undertaken to offer it to the public at a price which would hardly have been possible through private agency. It should be clearly understood that the opinions expressed are entirely my own, and that publication by the Government Press does not imply that the matter contained in the book has any official status. Several chapters were written inS imla during the summer of 1920, and the remainder during the later months oi the same year in A llahabad. Fundamental changes were being made in the currency system as 1wrote ;and the copy had left my hands for the press before the amalgamation of the Presidency Banks took effect on the 27th January, 1921. These facts must be my excuse for the inadequate treatment of the Imperial Bank, and the relative prominence given to the events of 1920. I regret the delays in proof-reading and in printing which have kept the volume unduly from the public.
(Typographical errors above are due to OCR software and don't occur in the book.)

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