Question

Why did the ‘token currency’ introduced by Muhammad-bin-Tughlaq

proved to be a failure? ​

Answer 1

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Answer 2

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Explanation:

The token currency was proved to be a failure, because his subjects (the people in his kingdom) took the advantage of it. It was so, because the tokens were made from cheap metals which were also readily available to the subjects. So they made the tokens themselves at home and used them. It gave rise to a kind of economical instabilities.

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