Question 2. 1 billion is equal to
(A) 100 millions (B) 10 millions (C) 1000 lakhs (D) 10000 lakhs
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answer:
The answer is (D) 10,000 Lakhs
explanation:
According to Indian numbering system ,
1 lakh is nothing but 1 followed by 5 zeros
i.e, 1,00,000.
Similarly according to International numbering system,
1 billion is nothing but 1 followed by 9 zeros
i.e, 1,000,000,000.
hence,
1,000,000,000 = 10,000 * 1,00,000
that implies -
1 billion = 10,000 lakhs.
Alternatively 100 lakhs is equal to 1 crore according to Indian numbering system.
hence,
10,000 lakhs = 100 * 100 lakhs = 100 crores.
1 billion = 100 crores.
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