History, asked by subhamkhawas2010, 6 hours ago

short note on token currency in story of Muhammad Bin Tughlaq

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Answered by Surshti123

1

Answer:

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. He decided to annex all the populated parts of the world for which the army needed a treasury to pay.

Answered by akshatroy12

0

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. He decided to annex all the populated parts of the world for which the army needed a treasury to pay.

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