Which of the following Delhi Sultanate rulers introduced the copper and brass token currency system which ultimately caused severe economic disruption due to widespread counterfeiting?

💡 Solution & Explanation

Muhammad bin Tughlaq instituted a token currency of copper and brass coins designed to circulate at par with silver tankas, but the inability of the state to prevent private minting led to massive forgery and economic breakdown. Ala-ud-din Khilji is renowned for price control mechanisms rather than token currency experiments. Ghiyas-ud-din Tughlaq focused on agricultural rehabilitation and irrigation canals. Firoz Shah Tughlaq undertook extensive public works and established charitable hospitals.