Q. Consider the following statements:
1.Sher Shah collected the trade taxes only at the point of entry and the point of sale.
2.Sher Shah standardized the metal content of gold, silver and copper coins to facilitate trade.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: Sher Shah showed the same concern while dealing with traders. To encourage trade, he simplified trade imports, collecting taxes only at the point of entry and the point of sale.
- The standardization of the metal content of gold, silver and copper coins also facilitated trade.
- His currency system continued through the entire Mughal period and became the basis of the coinage under the British.
Source: NCERT
