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NDA 2018 GAT · General Knowledge · Medieval India · easy

Token currency of copper coins in place of silver was introduced by

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Token currency of copper coins in place of silver was introduced by
  1. A. Alauddin Khalji
  2. B. Firoz Shah Tughluq
  3. C. Balban
  4. D. Muhammad bin Tughluq
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Answer: (D) Muhammad bin Tughluq

Muhammad bin Tughluq issued bronze or copper tokens with the value of silver tankas. The scheme failed because forged coins were easy to make and the treasury had to redeem them. Alauddin Khalji is known for market control, and Firoz Shah for canals and public works.
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