introduction of token currency
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The token currency in India was introduced for the first time by Muhammad Bin Tughlaq. Muhammad Bin Tughlaq issued token money in 1330, after his unsuccessful expedition to Deogiri; that is, coins of brass and copper were minted whose worth was equivalent to that of coins of gold and silver.
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1
Answer:
The token currency in India was introduced for the first time by Muhammad Bin Tughlaq. Muhammad Bin Tughlaq issued token money in 1330, after his unsuccessful expedition to Deogiri; that is, coins of brass and copper were minted whose worth was equivalent to that of coins of gold and silver.
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