A) Iltutmish
B) Alauddin Khilji
C) Muhammad Bin Tughlaq
D) Sher Shah Suri
Correct Answer: C
Solution :
For the first time, the token currency in India was introduced by Muhammad Bin Tughlaq. Muhammad Tughlaq decided to introduce bronze coins, which were to have the same value as the silver coins. Muhammad Tughlaq might have been successful, if he could prevent people from forging the new coins, He was not able to do so and soon the new coins be gain to be greatly devalued in markets.
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