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Muhammad-bin Tughluq's schemes were well-conceived but poorly executed. Discuss thisstatement with reference to his token currency experiment. |
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Answer» The coins he introduced were made by third rated smiths. Hence duplicating them was not a big task. Particularly, the Hindus showed their "talent" and the coins they produced were even better than the original ones. Somehow, the sultan sensed this and withdrew all the copper coins. He told, original coins would be paid with their equivalent gold and silver from the treasury.Result : The entire treasury was out of gold and silver in a few days. |
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