Why did the experiment of token currency fail
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7
Explanation:
Mohammad bin Tughlaq issued token currency - the coins of brass and copper were minted whose value were equal to gold and silver coins. This experiment failed because during his time, most of the citizens were gold-smiths and hence they knew how to make fake coins.
Answered by
6
Explanation:
Mohammad bin Tughlaq issued token currency - the coins of brass and copper were minted whose value were equal to gold and silver coins. This experiment failed because during his time, most of the citizens were gold-smiths and hence they knew how to make fake coins.
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