How did issuing coins in rhe name of the Caliph help Muhammad-bin Tughluq to rule
Answers
Answered by
1
Explanation:
Muhammad Bin Tughlaq did a bold experiment with currency.He replaced gold and silver coins with newly introduced copper coins. These coins were issued in the name of Caliph to make various transactions as there was a dearth of gold and silver coins. His aim was to conquer distant countries which would require great amount of finance. This could be possible by issuing copper coins having the same value as the silver coins.He took inspiration of introducing token currency from Qublai Khan, the ruler of China.
Similar questions