Question

Explain the Gupta Monetary System under Samudra Gupta.

Answer 1

1. Samundragupta introduced the Gupta monetary system.
2. Kushana coins provided inspiration to Samudragupta.
3. The Gupta gold coins were known as Dinara.
4. Gupta's issued many gold coins but comparatively fewer silver and copper coins.
5. However, the post-Gupta period saw a fall in the circulation of gold coins, indicating the decline in the prosperity of the empire.