Q. With respect to the historical context of coinage in India, which of the following observations is/are correct?
Select the correct option from the codes given below:

Answer: Both 1 & 2
Notes:
  1. Tughlaq Monetary Experiments (Correct): The Tughlaq dynasty, particularly Muhammad bin Tughlaq, is known for its monetary experiments, such as the introduction of token currency, which ultimately failed due to lack of public trust and economic instability.
  2. Khilji's Honorific Titles (Correct): Alauddin Khilji issued coins with various honorific titles, including Sikandar al Sani, which reflects his ambition to align himself with historical conquerors like Alexander the Great.