Consider the following statements: **Assertion (A):** The scheme of the token currency of Muhammad Tughluq proved unsuccessful. **Reason (R):** Muhammad Tughluq did not have the proper control over currency issue.

Q: What happened when Tughluq withdrew the token currency?

He offered to exchange the copper tokens for real gold and silver coins, which drained the state treasury and caused a massive financial crisis.

Question

Accepted Answer

A. Muhammad Bin Tughluq's token currency failed because he lacked control over coin production. This allowed widespread forgery, which devalued the currency and disrupted trade.

Answer

B. Both (A) and (R) is individually true, but (R) is not the correct explanation of (A).

Answer

C. (A) is true, but (R) is false.

Answer

D. (A) is false, but (R) is true.

UPSC Archival Analysis

Consider the following statements: Assertion (A): The scheme of the token currency of Muhammad Tughluq proved unsuccessful. Reason (R): Muhammad Tughluq did not have the proper control over currency issue.