A t-test is any statistical hypothesis test in which the test statistic follows a Student's t-distribution if the null hypothesis is supported.
Currently, 1 USD = 68.08 INR . So, 500 USD = 34032.18 INR. This value may vary due to the following causes : 1. Global economic slowdown: This the major factor which is contributing to both the stock markets and Indian currency fall.
It was decided that a dollar would equal about 5 rupees. Since then, the Indian central bank has inflated the rupee far more than the American fed inflated the dollar; so, the rupee has gradually lost value against the dollar.