2026 · Q3
Consider the following statements:
- I.Pali texts contain the first definite references to coins, e.g., kahapana, nikkha, kamsa, and kakanika.
- II.The literary evidence from Pali texts is corroborated by archaeological evidence of punch-marked coins from many sites, most of them made of silver.
The above statements have been associated with which of the following?
- 1.Emergence of urban life
- 2.Transition to money economy
- (a)1 only
- (b)2 only
- (c)Both 1 and 2
- (d)Neither 1 nor 2
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Both associations hold, so (c) is correct. The Pali canon belongs to the sixth century BCE onward, the period of the second urbanisation in the middle Ganga valley, and named coin denominations such as kahapana, nikkha, kamsa and kakanika appear in exactly the contexts of traders, guilds and towns, which is why the evidence is used to argue the emergence of urban life, so association 1 stands. The same evidence, corroborated by large hoards of silver punch-marked coins, shows exchange moving from barter and cattle wealth toward a standardised metallic medium, which is the transition to a money economy, so association 2 stands as well. (a) and (b) each drop one valid association, and (d) is untenable because the presence of denominated coinage is the standard evidence cited for both processes.
Moderate · Static · Ancient and Medieval History · Society, Trade and Economy
