WBCS.LIVE practice question

During the Delhi Sultanate, the 'Token Currency' experiment was launched by which Sultan?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Alauddin Khalji
  2. Muhammad bin Tughlaq
  3. Ghiyasuddin Tughlaq
  4. Feroz Shah Tughlaq

Correct answer and explanation

Correct answer: Muhammad bin Tughlaq

Explanation: āœ… Correct Answer: B) Muhammad bin Tughlaq šŸ“š Explanation: In 1330, Muhammad bin Tughlaq introduced a token currency system using copper and brass coins, which were to have the same value as silver coins (Tankas). However, the experiment failed miserably because the state could not prevent large-scale counterfeiting. It led to a massive economic crisis and the withdrawal of the currency.