UPSC Exam  >  UPSC Questions  >   Which of the following statements is/are cor... Start Learning for Free
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:
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements is/are correct about the currency r...
Currency Reforms of Muhammad-Bin-Tughlaq

Introduction:

Muhammad-Bin-Tughlaq was the Sultan of Delhi from 1325 to 1351. He introduced various administrative and economic reforms during his reign, including currency reforms.

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

Explanation:

- Muhammad-Bin-Tughlaq introduced token currency during his reign.
- Token currency refers to a type of currency that has little or no intrinsic value and is used as a substitute for money.
- This was the first time that token currency was introduced in the history of India.

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

Explanation:

- This statement is incorrect.
- Muhammad-Bin-Tughlaq did introduce a new type of coin, but it was not made of bronze.
- He introduced a copper coin called the "Jital," which was smaller in size and had a lower value than the silver tanka.

Conclusion:

- The correct answer is option 'B': 2 only.
- Muhammad-Bin-Tughlaq introduced token currency for the first time in the history of India, but he did not introduce a bronze coin with the same value as the silver tanka.
- The introduction of token currency was a significant step towards modernizing the currency system in India.
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
Question Description
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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
Solutions for 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?, a detailed solution for 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice 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:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev