Multiple choice general knowledge history

Who introduced first the famous token currency system in India?

  1. Ghiyas-ud-Din Tughlak

  2. Muhamad-bin-Tughlak

  3. Nawaz Tughlak

  4. Firoz Tughlak

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Muhammad bin Tughlaq introduced the token currency system in India in the 14th century. He issued copper coins that were meant to have the same value as silver and gold coins, but this experiment failed because people began forging the copper coins and the genuine metal coins disappeared from circulation.