A new coin called the ‘Rupia’ was issued for the first time by

(A) Ala-ud-din Khilji
(B) Mohammed Shah Tughluq
(C) Sher Shah Suri
(D) Akbar

Correct Answer : Sher Shah Suri
Question Asked : SSC Section Officer (Commercial Audit) Exam 2006
Explanation : The system of tri-metalism which came to characterize Mughal coinage was introduced by Sher Shah. While the term rupya had previously been used as a generic term for any silver coin, during his rule the term rupiya came to be used as the name for a silver coin of a standard weight of 178 grains, which was the precursor of the modern rupee. Rupee is today used as the national currency in Pakistan, India, Nepal, Sri Lanka, Indonesia, Mauritius, Maldives, Seychelles among other countries. Gold coins called the Mohur weighing 169 grains and copper coins called Dam were also minted by his government.
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