What was the exchange rate of silver’s rupiya?
(A) 16 : 1
(B) 32 : 1
(C) 48 : 1
(D) 64 : 1
Question Asked : UPUDA/LDA (Pre) 2006
The currency system of Sher Shah was well developed. He introduced pure silver’s Rupiya (Rupee) (180 grains) and Coppers Dam (380 grains). The exchange rate was based on the ratio of 40 Copper paisa per rupee and title were inscribed on the coins in Arabic and Devanagari script. 23 mints were present at that time. He adopted the custom of having facial records of soldiers and branded horses with an imperial sign.
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Tags : Humayun and Sher Shah Medieval History of India