GENERAL KNOWLEDGE

GK

INDIAN HISTORY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which conclusions have been derived from the debasement of the coins and gradual disappearance of gold coins during the post-Gupta period?
A
Gold Mining was stalled
B
Commodities became cheap
C
Money economy was gradually replaced by Barter Economy
D
There was a decline in trade
Explanation: 

Detailed explanation-1: -Notes: Debasement of the coins and gradual disappearance of gold coins during the post-Gupta period indicates the Decline of Trade.

Detailed explanation-2: -Answer: [C] Only 1 & 4 Notes: The gold coins of Gupta period were called Dinara inspired by the Roman coins but later the coins were minted in the Indian style with the weight standard of 9.2 gms of gold and called Suvarna.

Detailed explanation-3: -D. Suvarna. Hint: These gold coins were inspired by the Roman coins but they were minted in the Indian style with around nine grams of gold. These coins were commissioned by Kumara Gupta.

There is 1 question to complete.