Given below are two statements, one labelled as Assertion and the other as Reason (R): **Assertion (A):** Akbar, like Shershah, tried to regulate the currency of the state. **Reason (R):** As in Shershah's currency, the chief copper coin of Akbar's time was the Dam. Select the correct answer from the codes given below:
U.P.P.C.S. (Pre) 2019
A. Both (A) and (R) are true, and (R) is the correct explanation of (A).
B. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
C. (A) is true, but (R) is false.
D. (A) is false, but (R) is true.
Answer: (A) is true, but (R) is false.
Option c is the correct answer.
Assertion is true: During Akbar's reign, he made substantial efforts to regulate the currency of the Mughal Empire, drawing inspiration from Shershah's currency reforms. Akbar's currency reforms centralized and standardized the minting process through Khwaja Abdus Samad Shirazi's appointment. Provincial mints were reorganized for uniformity. Diverse gold, silver, and copper coins were issued, noted for purity and inscriptions. Akbar's commitment to quality, resisting debasement, left a lasting impact, ensuring stability and trust in Mughal currency. Reason (R) is false: The chief copper coin of Akbar's time was not the Dam, but rather the Tanka or Neem Tanka Akbar Shahi. The Akbar dam was introduced later and was associated with his system of weights. Akbar's copper coins featured his name, Ilahi years, and month of issue.