Mughal Monetary System

UPSC Archival Analysis

Exam Year

2019

Evidence Source

Link
ID: 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.

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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.

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