Mughal Administration and Economy
Akbar's Currency Reforms: Dam vs Tanka Explained
Akbar successfully regulated the state currency following Shershah's model, but historical analysis shows the 'Dam' was not his sole or chief copper coin in the same manner as Shershah's.
Primary Reference: Standard Educational Reference
Archived:
Updated:
Exam Year
2019
Evidence Source
Link ↗Given below are two statements: Assertion (A): Akbar, like Shershah, tried to regulate the currency of the state. Reason (R): As in Shershah's currency, the chief copper coin of Akbar's time was the Dam.
[U.P.P.C.S. (Pre) 2019]
Detailed Solution & Historical Context
Concept
Mughal coinage reached its peak of standardization under Akbar, who built upon the foundations laid by Shershah Suri's trimetallic system of gold, silver, and copper.
Authentic Source Evidence
Akbar standardized minting via Khwaja Abdus Samad. While he adopted Shershah's principles, the specific terminologies and roles of coins like the Dam and Tanka evolved during his reign.
Analytical Breakdown
Conceptual Deep Dive & Logic
"What was the lasting impact of Akbar's currency reforms?"
He created a stable and trusted currency system that facilitated long-distance trade and became the basis for Indian coinage for centuries.
Examiner's Mindset & Pro-Tip
"Akbar's system was so robust that it resisted debasement, maintaining its metal purity even during periods of military stress."
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