Consider the following statements regarding Mughal currency: 1. The 'Rupaya' was introduced as a silver coin by Sher Shah Suri and later standardized by Akbar. 2. The 'Jital' was the standard copper coin used for high-value international trade under the Mughals. Which of the statements given above is/are correct?

💡 Solution & Explanation

Sher Shah Suri introduced the silver coin known as the Rupaya weighing 178 grains during his brief reign from 1540 to 1545, and this standard weight was later adopted and perpetuated by the Mughal administration. Incorrect statements arise because the Jital was actually a copper coin of the Delhi Sultanate period rather than a high-value international trade currency under the Mughals. Sher Shah's administrative and currency reforms served as a foundational model for Akbar's imperial revenue system.