Question

Describe the brief tughluq Policy of token currency

Answer 1

Ans. Tughluq did not control prices of the goods. Instead, he used a token currency, made out of cheap  metals, and not of gold and silver. People in the 14th century did not believe in these coins. They saved their  gold and silver coins and paid all their taxes to the state with this token currency. This cheap currency could  be counterfeited easily.

Answer 2

Tughluq did not control prices of the goods. Instead, he used a token currency, made out of cheap metals, and not of gold and silver. People in the 14th century did not believe in these coins. They saved their gold and silver coins and paid all their taxes to the state with this token currency. This cheap currency could be counterfeited easily.