Medieval Economic Administration

Sher Shah Suri and the Origin of the Silver Rupiya

Sher Shah Suri was the ruler who first issued the pure silver 'Rupiya' (standardized at 11 grams). This coin replaced the older mixed-metal Tanka and served as the precursor to the modern Rupee.

Primary Reference: NCERT Class XII: Themes in Indian History - Part II

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The pure silver 'rupiya' was issued by

[Jharkhand P.C.S. Pre 2016]

Detailed Solution & Historical Context

Concept


Sher Shah Suri’s most lasting legacy was the total overhaul of the Indian monetary system. He replaced the debased coins of the Sultanate era with standardized, high-purity precious metal currency.

Authentic Source Evidence


Sher Shah Suri introduced the 11 gram pure silver coin, which he named the Rupiya. This replaced the older 10 gram bullion 'Tanka' (which was mixed with base metals). The term 'Rupiya' comes from the Sanskrit 'Rupya,' meaning wrought silver.

Analytical Breakdown


  • Logic 1: Sher Shah's coinage was so well-made that it became the standard for the Mughals and remained the basis for Indian currency until the 19th century.

  • Logic 2: While Akbar standardized the 'Dam' (copper), the actual creation of the silver Rupiya as we know it belongs to the Suri dynasty's reforms.
  • Conceptual Deep Dive & Logic

    "What was the significance of the Rupiya's weight?"

    By fixing it at 178 grains (approx 11 gm) of pure silver, Sher Shah provided a stable unit of value that boosted both internal and foreign trade.

    Examiner's Mindset & Pro-Tip

    "The Rupiya is a rare example of a medieval administrative reform that survived for nearly 500 years, eventually becoming the national currency of several modern nations."

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