Consider the following statements regarding the types of punch-marked coins, which were in use during the pre-Mauryan age. |
1. The coin of highest value in circulation was the Silver Kakani. |
2. The Karshapana is said to equal 18 mashas and was divided into a half (ardha) and a quarter (pada). |
3. The support of the backing of coins by the state is not referred to, until the Arthashastra. |
4. The issuing authority were the trading groups backed by the rajas of their lineage. |
Select the correct answer using the codes given below. |
A) 1 and 2
B) 2, 3 and 4
C) 3 and 4
D) None of these
Correct Answer: C
Solution :
[c] The coin of highest value in circulation was the Silver Satamana. The Karshapana is said to equal of 16 mashas and was divided into a half (ardha) and a quarter (pada).You need to login to perform this action.
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