Muhammad bin Tughlaq's token currency experiment was related to what?
Answer and explanation
Correct answer: Attempt to introduce copper token currency
Muhammad bin Tughlaq attempted to make copper and brass coins circulate as tokens with a value similar to silver currency. The experiment failed because people could easily produce counterfeit coins and the state could not control the supply effectively. It was an experiment in currency policy, not gold mining, temple building or stopping maritime trade.
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What is the correct answer to this question?
Attempt to introduce copper token currency
Why is this the correct answer?
Muhammad bin Tughlaq attempted to make copper and brass coins circulate as tokens with a value similar to silver currency. The experiment failed because people could easily produce counterfeit coins and the state could not control the supply effectively. It was an experiment in currency policy, not gold mining, temple building or stopping maritime trade.
Which subject and chapter does this question cover?
This is a Class 12 History question. Chapter: Kings and Chronicles: The Mughal Courts.
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