Civil Services Prep

Prelims MCQ · Medieval History

Assertion: Expanding overseas trade strengthened the monetary foundations of the Mughal economy.

Consider the following statements in support of the assertion:
I. India received large quantities of silver bullion in payment for exported commodities.
II. Greater availability of silver supported coin minting, monetary circulation and cash revenue collection.

  1. I supports the assertion, but II does not.
  2. II supports the assertion, but I does not.
  3. Neither I nor II supports the assertion.
  4. Both I and II support the assertion.
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