6 Views

Question : Who introduced leather token currency in India?

Option 1: Akbar

Option 2: Muhammad bin Tughluq

Option 3: Babur

Option 4: Humayun


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Muhammad bin Tughluq


Solution : The correct answer is Muhammad bin Tughluq .

The first use of leather money in India dates back to the 13th century. It was introduced as a mass-produced form of currency by the emperor Muhammad bin Tughluq. He was inspired by paper money that was used in China. Muhammad bin Tughluq introduced token money in India in 1330. After his failed mission to Deogiri, he minted brass and copper coins whose value was equal to that of gold and silver coins.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Parul University BBA Admissio...
Apply
India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
Amity University BA Admission...
Apply
Ranked amongst the top 3% of universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books