Uttarakhand PCS (Pre) 2021

Ancient Numismatics

Authentic Past Paper Standard Evaluation

What was the ratio of Gold-Silver coins in the Shaka-Kshatrapa period?

Solution & Analysis

Answer: C

Concept Numismatics provides insight into the relative value of precious metals in ancient economies, which in turn reflects trade balances and metal availability.

Explanation In the Shaka-Kshatrapa period, the exchange ratio between gold and silver coins (Dinara and Rupaka) was established at 1:35. This means one unit of gold was worth 35 units of silver.

Logical Breakup
Logic 1: Gold coins were relatively scarce and high in value, while silver was the dominant medium for regular commerce in the Western Satrap regions.
Logic 2: The ratio reflects the high demand and limited supply of gold during this transitional period in Western India.
Logic 3: This specific ratio (Option C) is a standard benchmark used by historians to analyze Kushan and Shaka-era monetary policies.

Active Recall

Question

What were the gold and silver coins called in this period?

Answer

The gold coins were called Dinara and the silver coins were called Rupaka.

Core Insight

The 1:35 ratio highlights a significant disparity in metal values compared to the later Gupta period, where gold became more plentiful.