WBCS.LIVE practice question

Who introduced the token currency of copper and brass coins in India?

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

Answer options

  1. Alauddin Khalji
  2. Iltutmish
  3. Muhammad bin Tughlaq
  4. Firoz Shah Tughlaq

Correct answer and explanation

Correct answer: Muhammad bin Tughlaq

Explanation: āœ… Correct Answer: C) Muhammad bin Tughlaq šŸ“š Explanation: Muhammad bin Tughlaq introduced a token currency system in 1330 AD to overcome a severe shortage of silver. He issued copper and brass coins that were declared to have the same value as silver 'Tanka' coins. However, the experiment failed disastrously because the state could not prevent widespread forgery, forcing him to eventually withdraw the currency.