During the Mughal rule, in complete the copper coin was known as

(A) Rupee
(B) Dam
(C) Tanka
(D) Sharnsi

Correct Answer : Dam
Question Asked : UPPCS (Spl) (Pre) 2008
In the standard Mughal currency system, there were three basic coins: the Mohur of gold, the rupee of silver and the dam of copper. During the reign of Akbar, copper was adopted both as the money of account and the standard of value. The dam was 40th part of the rupee. Copper continued to act as a subsidiary coinage both in the north as well as in south India. Besides, there were also the non-metallic currencies such as cowries in Bengal and Orissa and badam (almonds) in Gujarat and the Western Coast.
Useful Quotations for : UPSC, State PSC, IBPS, SSC, Railway, NDA, Police Exams
Like The Facebook Page CurrentGK for Current Affairs, Latest GK & Employment News
Tags : Medieval History of India Mughal Administration
Always Ask Questions