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History & Civics

Identify the reasons why the use of token currency by Muhammad-bin Tughlaq failed?

P : People or public at large started making copper coins at home.

Q : Market was flooded with fake copper coins.

R : Foreign traders refused to accept them.

S : The Government suffered a great financial loss as it had to take back even the fake coins.

  1. P and Q
  2. Q and R
  3. R and S
  4. P and S

Delhi Sultanate

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Answer

P and Q

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