Question
Write a note on the currency system of the Mughals.
Answer :
Word Count : 449
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Skip in 10
The Mughal currency system was one of the most sophisticated and well-organized monetary systems in medieval India, reflecting the administrative efficiency and economic strength of the empire. It evolved considerably from the reign of Babur, the founder of the dynasty in 1526, to Aurangzeb in the late 17th century. The system was primarily metallic, based on gold, silver, and copper coins, and it played a crucial role in facilitating trade, revenue collection, and state administration. The silver coin, known as the Rupee, was the backbone of the Mughal currency system. Introduced by Sher Shah Suri, whose reforms greatly influenced later Mughal practices, the silver rupee was standardized in
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