Hey guys & girls. I'm just curious, over in India, is $1 USD a lot of money? Thanks for answering my question, ~ Slutz ~
Yes I understand the conversion rate etc, but what I'm trying to ask is, is it a lot of money? Is 43 rupees good? ~ Slutz ~
lol... i think his question was authentic and not to insult indians typically 40 INR is like 40 bucks.. you spend 1 buck in your currency, we get 40 bucks in ours ..1
I'd have thought US$1 was a lot over there, as many of them seem to work for next to nothing (relative to those that use €, £ AU$ etc).
This is very interested. This means that $40 USD is equivalent to 400 INR? Let's say i move to India with $200,000 then I'm rich?
Hi, I understand your question. It usually depends on the class a person belongs to. For people below poverty line, its definitely too much, one person can get a food of one day in $1 (according to his standard) For a lower middle class family, its something to think about before spending For upper middle class family, it can be spend easily For rich people, its just nothing. Usually people who work online belong to lower middle class family and very few belong to upper middle class and hence for them its definitely worth. if they can get even $3/hr, it means they earn about nearly Rs.25000/- which will push them into upper middle class. Hope it makes your doubt clear.
We hear stories about the class/caste system and how its virtually impossible to move beyond the level you are born into. Is that still true or are there opportunities for hard work and education to elevate you higher?
well Indian rural is the same as Indonesia rural standard Indonesian rural monthly salary is $30 to $100 fresh graduate bachelor is $150 up to $250 with $100,000 you can hire good office 200m2 ($10,000 - $20,000) near downtown, hire a car ($5000) and 10 employees ($20,000) for a year. money left for buying PC each $500 and furniture $2,000 .... etc
$1 is nothing in India now.... Electronics items are costlier in India. Clothes (branded) are more or less same... Beverages also same.... Petrol is costlier here....over $1 / litre And there are numerous examples