Which of the following Delhi Sultans introduced the token currency system by issuing copper and brass coins to circulate alongside silver tankas, which eventually caused economic disruption?

💡 Solution & Explanation

Muhammad bin Tughluq introduced a token currency system in the fourteenth century by issuing bronze and copper coins with face values equivalent to silver tankas due to a shortage of precious metals. Widespread counterfeiting rendered the experiment a failure, leading to severe economic dislocation across the Delhi Sultanate.