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Question

Token currency had been introduced for the first time in India by ________.

A
Ghiyasuddin Tughluq
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B
Firuz Shah Tughluq
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C
Alauddin Khalji
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D
Muhammad-bin-Tughluq
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Solution

The correct option is D Muhammad-bin-Tughluq
Token currency was introduced in India for the first time by Muhammad bin Tughluq who was the eldest son of Ghiyas -ud -Din -Tughlaq founder of the Tughluq dynasty. The token currency had inscriptions marking the use of new coins instead of the royal seal and so the citizens could not distinguish between the official and the forged coins.

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