Question
Download Solution PDFWhich Delhi Sultan introduced 'token' currency somewhat like present day paper currency?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Muhammad bin Tughlaq.
- Muhammad bin Tughluq was the Sultan of Delhi.
- He is also known as the wisest fool.
- He ruled the Tughlaq dynasty from 1325 to 1351.
- He moved his capital from Delhi to Daulatabad in 1327.
- After two years he shifted the capital back to Delhi due to lack of water supplies and many other issues.
- He introduced the 'token' currency in 1330.
- The coins introduced by Muhammad bin Tughlaq were made of brass and copper.
- The values of the coins were equal to that of gold and silver coins.
- The use of token currency has stopped in 1333 due to the issues in trade and commerce.
Additional Information
| Alauddin Khiliji |
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| Ghiasuddin Tughlaq |
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| Bahlul Lodi |
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Last updated on May 26, 2025
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