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

Question

Match Column I with Column II and choose the correct option:
\[ \begin{array}{|c|c|} \hline \textbf{Column I (Temple)} & \textbf{Column II (Location)} \\ \hline \text{1. Hazara Rama Temple} & \text{(i) Tamil Nadu} \\ \text{2. Chidambaram Temple} & \text{(ii) Vijayanagara} \\ \text{3. Brihadishvara Temple} & \text{(iii) Belur} \\ \text{4. Chennakeshava Temple} & \text{(iv) Thanjavur} \\ \hline \end{array} \]

Answer 1

Ancient Indian coinage, exemplified by punch-marked coins, standardized exchange, thus promoting trade. Silver, gold, and copper coins circulated in both domestic and international commerce. The discovery of Roman gold coins in South India evidences trade with the Roman Empire. Coinage streamlined economic activity and spurred urban growth.

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

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