Question
For the first time, the token currency in India was introduced by
Answer: Option A
Answer: (a)Forthe first time, the token currency in India was introduced by Muhammad Bin Tughlaq. Muhammad Tughlaq decided to introduce bronze coins, which were to have the same value as the silver coins. Muhammad Tughlaq might have been successful, if he could prevent people from forging the new coins. He was not able to to do so and soon the new coins begain to be greatly devalued in markets.
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Answer: (a)Forthe first time, the token currency in India was introduced by Muhammad Bin Tughlaq. Muhammad Tughlaq decided to introduce bronze coins, which were to have the same value as the silver coins. Muhammad Tughlaq might have been successful, if he could prevent people from forging the new coins. He was not able to to do so and soon the new coins begain to be greatly devalued in markets.
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