Which among the following measures was introduced by Muhammad bin Tughlaq to address the shortage of silver?
Token currency
Muhammad bin Tughlaq introduced token currency, issuing bronze or copper coins that were declared equal in value to silver coins, to overcome the scarcity of silver in the treasury.
This experiment failed largely because the coins could be easily forged and were not backed by adequate safeguards, leading to widespread counterfeiting and its eventual withdrawal.
Prohibition of wine, garrison towns, and land revenue reforms were unrelated administrative or moral measures, not devised to solve the silver shortage.
Hence, the measure introduced to address the shortage of silver was token currency.
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