Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Consider the following statements:
1. Muhammad-bin-Tughlaq institutionalised the use of gold coins as a legal tender.
2. The experiment was aimed at replenishing the state treasury.
Which of the statements given above is/are correct?

• A. 1 only
• B. 2 only
• C. Both 1 and 2
• D. Neither 1 nor 2

Answer 1

The correct option is B 2 only

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Muhammad-bin-Tughlaq institutionalised the use of bronze coins as a legal tender at par with the silver coins. The experiment was aimed at replenishing the state treasury which had been depleted because of the transfer of capital from Delhi to Daulatabad. However, the half-hearted measures led to large-scale forgery and caused greater harm to the state exchequer.