Describe the results of schemes of
Muhammad-bin-Tughlaq.
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Answer:
The citizens began to melt coins in their homes and paid their taxes in fake coins. People also began to hoard silver and gold coins in their houses. The token currency remained in circulation for about three years. The Sultan realized the failure of the scheme and withdrew the entire new currency.
Answered by
1
Answer:
The citizens began to melt coins in their homes and paid their taxes in fake coins. People also began to hoard silver and gold coins in their houses. The token currency remained in circulation for about three years. The Sultan realized the failure of the scheme and withdrew the entire new currency.
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