SaralUPSC
  • Home
  • Blogs
  • Prelims Questions
  • Mains Questions
  • Tests
Start Free Test
SaralUPSC

Saral Preparation Pvt. Ltd.

Delhi, India

support@saralupsc.com

Toll Free: 1800 000 0000

Office Hours: 10 AM – 7 PM (All 7 days)

Company

  • About Us
  • Careers
  • Contact Us
  • Media
  • Sitemap

Products

  • Test Series
  • Live Quizzes
  • Notes
  • Videos
  • Blog

Useful Links

  • Prelims Questions
  • Mains Questions
  • Free Tests
  • Sign Up
  • Login

Follow us

© 2026 Saral Preparation Pvt. Ltd.. All rights reserved.

  • Privacy
  • Terms
  • User Policy
  1. Home
  2. /Prelims Questions
  3. /Miscellaneous
  4. /Question
Miscellaneous·Easy

Which of the following statements is/are correct about the currency reforms of Muhammad-Bin-Tughlaq? 1. Token currency was introduced for the first time ever in the history during his reign. 2. He introduced a bronze coin with the same value as the silver tanka. Select the correct answer using the code given below:

Which of the following statements is/are correct about the currency reforms of Muhammad-Bin-Tughlaq?

1. Token currency was introduced for the first time ever in the history during his reign.

2. He introduced a bronze coin with the same value as the silver tanka.

Select the correct answer using the code given below:

Options

  1. a.

    1 only

  2. b.

    2 only

    Correct answer
  3. c.

    Both 1 and 2

  4. d.

    Neither 1 nor 2

Explanation

• Another step which Muhammad-Bin-Tughlaq took at this time was the introduction of the ‘token currency’. Since money is merely a medium of exchange, all countries in the world today have token currencies —generally paper currency, so that they do not have to depend upon the supply of gold and silver. There was a shortage of silver in the world in the fourteenth century.

• Moreover, Qublai Khan of China had already successfully experimented with a token currency. A Mongol ruler of Iran, Ghazan Khan, had also experimented with it. Muhammad Tughlaq decided to introduce a bronze coin which was to have the same value as the silver tanka. Specimen of this coin has been found in different parts of India, and can be seen in museums. The idea of a token currency was a new one in India and it was difficult to induce the traders, as well as the common man to accept it.

Share

  • Share on X
  • Share on WhatsApp
  • Share on LinkedIn

Related prelims questions

  • A spherical balloon of radius r subtends angle 60° at the eye of an observer. If the angle of elevation of its centre is 60° and h is the height of the centre of the balloon, then which one of the following is correct?

    Miscellaneous · Easy

  • The main source of energy in Sun is :

    Miscellaneous · Easy

  • Match the underlined word in each of the sentences with the correct parts of speech and indicate your response on the answer sheet accordingly. Oh no! I am getting late for the function.

    Miscellaneous · Easy

  • The first and sixth sentences are given as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly S1: Our Constitution makers were fully conscious of the fact that the Scheduled Castes and Scheduled Tribes had been oppressed and underprivileged sections of our society over the centuries and they deserved a special dispensation so that their condition may be vastly improved. P: Similarly, they were also sensitive of the difficulties and problems which were likely to be faced by the persons belonging to the Anglo-Indian community in the country. Q: One such provision related to the reservation of seats for these communities in the Lok Sabha and State Legislative Assemblies. R: This provision found place in Article 330 and Article 332 of the Constitution. S: For this purpose, several special provisions were incorporated in our Constitution. S6: Consequently, adequate safeguards were provided for these communities in our Constitution. The correct sequence should be:

    Miscellaneous · Easy