Question:

How did the coinage in ancient India contribute to trade and development? Explain with examples.

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Highlight specific examples of coin types and trade relations to add depth to your answers.
Updated On: Jan 29, 2025
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Solution and Explanation

Ancient Indian coinage, such as punch-marked coins, facilitated trade by providing a standardized medium of exchange. Coins made of silver, gold, copper, and other metals were used in domestic and international trade. For instance, Roman gold coins found in South India highlight trade with the Roman Empire. The use of coins enhanced economic transactions and contributed to urban development.
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