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Q49 (CDS-I/2009) History & Culture › Medieval India › Medieval Indian economy Answer Verified

Who among the following has issued the coin rupee for the first time ?

Result
Your answer: —  Â·  Correct: C
Explanation

Sher Shah Suri (1540–1545 AD) is credited with the introduction of the silver coin known as the 'Rupiya', which is the precursor to the modern Indian rupee [t2][t7]. While the term 'rupya' had been used generically for silver coins previously, Sher Shah formally established it as a standardized currency weighing approximately 178 grains (11.66 grams) to replace the older billon tanka [t3][t6]. This reform introduced a tri-metalism system consisting of the silver Rupiya, gold Mohur, and copper Dam [t2][t3]. This currency system was so robust that it was adopted and maintained by the Mughal Empire, including Akbar, and later by the British East India Company until 1835 [t5][t6]. In contrast, Muhammad-bin-Tughluq is known for his experiments with token currency and the 'Adali', while Alauddin Khilji utilized the 'Tanka' and 'Jithal' [t1][t5].

Sources

  1. [1] https://www.rbi.org.in/commonman/English/Currency/Scripts/Mughal.aspx
  2. [2] https://pm.sdcollegeambala.ac.in/wp-content/uploads/2021/10/Vol12-2-10.pdf
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