Q. Consider the following statements regarding punch-marked coins:
  1. These coins were the earliest coins to be used.
  2. These coins were stamped with symbols.
Choose the correct option from the codes given below:

Answer: Both 1 and 2
Notes: Punch-marked coins were generally rectangular or sometimes square or round in shape, either cut out of metal sheets or made out of flattened metal globules (a small spherical body). The coins were not inscribed, but were stamped with symbols using dies or punches. Hence, they are called punch-marked coins. These coins are found over most parts of the subcontinent and remained in circulation till the early centuries CE. Archaeologists have found several thousands of coins belonging to this period. The earliest coins which were in use for about 500 years were punch marked coins.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.