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Question
What was the money made from metals like silver and gold called?
What was the money made from metals like silver and gold called?
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Solution
The correct option is C Natural money
Earlier, metals were used as money as they were rare to find and durable. During his rule, Sher Shah Suri authorised silver coins as money, which were called rupiya. The money made from metals like silver and gold gained prominence across the world and was known as natural money.
Earlier, metals were used as money as they were rare to find and durable. During his rule, Sher Shah Suri authorised silver coins as money, which were called rupiya. The money made from metals like silver and gold gained prominence across the world and was known as natural money.
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