Mughal Monetary System
UPSC Archival Analysis
Exam Year
2019
Evidence Source
LinkID: MED_MUG_2019_50 Ref: Irfan Habib, The Agrarian System of Mughal India
Assertion (A): Akbar, like Shershah, tried to regulate the currency. Reason (R): The chief copper coin of Akbar's time was the Dam.
AI Quick Summary (View Answer)
Correct Option: C
Akbar successfully regulated Mughal currency by standardizing mints and coin purity, continuing reforms started by Sher Shah Suri. While the Dam was a major copper coin, it was not the only chief coin in use.