Who introduced token currency first time in India? [#693] | SPPMMC

Who introduced token currency first time in India? [#693]

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Q1. Who introduced token currency first time in India?
Q1. Who introduced token currency first time in India?

(A) Warren Hastings
(A) Warren Hastings
(B) Ghiyasuddin Tughlaq
(B) Ghiyasuddin Tughlaq
(C) Muhammad bin Tughluq
(C) Muhammad bin Tughluq
(D) Lord Curzon
(D) Lord Curzon
Answer: (C) Muhammad bin Tughluq
Answer: (C) Muhammad bin Tughluq
Muhammad bin Tughluq, a 14th century Sultan, introduced token currency in India for the first time. He issued token money in 1330. The token currency was called "tanka" and consisted of brass and copper coins with a value equal to gold and silver coins. He was the eldest son of Ghiyas-ud-Din Tughlaq founder of the Tughluq dynasty.
Muhammad bin Tughluq, a 14th century Sultan, introduced token currency in India for the first time. He issued token money in 1330. The token currency was called "tanka" and consisted of brass and copper coins with a value equal to gold and silver coins. He was the eldest son of Ghiyas-ud-Din Tughlaq founder of the Tughluq dynasty.

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2024-03-03

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