Assertion (A): Sultan Muhammad bin Tughlaq issued currency of copper coins and declared them as legal tender.
Reason (R): Sultan's treasury was empty because of his short-sighted projects.

Assertion (A): Sultan Muhammad bin Tughlaq issued currency of copper coins and declared them as legal tender.
Reason (R): Sultan's treasury was empty because of his short-sighted projects. Correct Answer Both A and R are true and R is the correct explanation of A

Muhammad bin Tughlaq issued token currency; that is coins of brass and copper were minted whose value was equal to that of gold and silver coins. Historian Ziauddin Barani felt that this step was taken by Tughluq as he wanted to annex all the inhabited areas of the world for which a treasury was required to pay the army. Barani had also written that the sultan's treasury had been exhausted by his action of giving rewards and gifts in gold. This experiment failed, because, as said by Barani, "the house of every Hindu became a mint". During his time, most of the Hindu citizens were goldsmiths and hence they knew how to make coins. In the rural areas, officials like the muqaddams paid the revenue in brass and copper coins and also used the same coins to purchase arms and horses. As a result, the value of coins decreased and, as said by Satish Chandra, the coins became "as worthless as stones".

Related Questions

Assertion (A): Sultan Muhammad bin Tughlaq issued currency of copper coins and declared them as legal tender. Reason (R): Sultan's treasury was empty because of his short-sighted projects.
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: State-run Energy Efficiency Services (EESL) has scrapped its second tender for procurement of 10,000 electric cars as the industry awaits clarification on specifications for chargers which will allow higher end, luxury automakers to come into the picture. This tender was floated in April and had been on hold after a preliminary pre-bid meeting. A similar tender was floated in August last year, and the rollout of 10,000 cars under the tender was expected to be completed by March 2019.  Why is EESL scraping the tender for procurement of 10,000 electric cars? Arguments: I. The share of luxury cars could go further up since it would be a good way of aggregating demand, Kumar said. This, however, strictly depends on the final order from DST. II. The tender had set aside 20% share of the total order for higher end and upgraded sedans category, which would allow foreign automakers like Nissan, Hyundai, Kia Motors to drive away with a fair share of the tender.  III. EESL said that the company has been awaiting clarification from the Department of Science & Technology (DST) to issue the standard norms for charging stations because of which the tender was first put on hold and now has been scrapped entirely.
Assertion (A): The nobility under Muhammad bin Tughlaq was a highly homogeneous one. Reason (R): Royal intervention in the iqta system was as its peak under Muhammad Tughlaq.
Assertion (A): The nobility under Muhammad bin Tughlaq was a highly homogeneous one.
Reason (R): Royal intervention in the iqta system was as its peak under Muhammad Tughlaq.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow (s) for pursuing. Statement: With one year to go for 2019 parliamentary elections, Prime Minister Narendra Modi has stepped in to ensure results can be seen on the ground. The Centre has asked states to focus on impactful and public-private-partnership based smart city projects, which would show results over the next one year and have a review mechanism in place. Ministry of housing and urban affairs, the nodal ministry for Smart Cities Mission has identified 261 impactful ventures worth Rs. 31,000 crore and PPP projects worth Rs. 32,000 crore for the states to work on. Courses of Action: I. The move follows directives from the Prime Minister. During a review of Smart Cities mission last week, PM Modi had emphasized on early implementation of projects and suggested that the chief secretaries of all states should review the progress of the implementation. II. These identified projects account for an investment of Rs. 31,112 crore. The states have also been asked to work on 370 PPP projects that involve an investment of Rs. 32,410 crore The impactful projects identified range from building 40 outdoor fitness centres in New Delhi Municipal Council area at a cost of Rs. 1.31 crore to redevelopment of 340 acre area in Bhopal at a cost of Rs. 3,000 crore.  III. Secretary (housing and urban affairs) D. S. Mishra has written to chief secretaries of states and asked them to focus on the belated implementation of smart city projects that have a visible and transformative impact in the lives of citizens in identified smart cities.