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Select the correct statements from the following regarding Akbar’s coinage.

History · Administration and Economy UGC NET December 2019 History
Select the correct statements from the following regarding Akbar's coinage.
  • 1. Akbar's minters were careful to maintain a high-quality coinage in each of the three metals.
  • 2. Gold was nearly pure, silver never dropped below 96 per cent pure, and copper coins remained of high purity.
  • 3. There was a free or open minting system.
  • 4. In 1595, there were a total of 96 mints.
A1, 2 and 4 only
B1, 2 and 3 only ✓ Correct
C1 and 3 only
D2, 3 and 4 only
Correct answer: (B) 1, 2 and 3 only — The first three statements are correct, so the answer is 1, 2 and 3 only.
Explanation
The first three statements are correct, so the answer is 1, 2 and 3 only.
Akbar's minters were careful to maintain a high-quality coinage in gold, silver and copper.
Gold was nearly pure, silver never dropped below 96 per cent pure, and copper remained of high purity.
There was a free or open minting system, so anyone could bring bullion to be coined.
The fourth statement is wrong, as in 1595 there were 118 mints, not 96.
So only the first, second and third statements are correct.

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