Who was the first to issue gold coins in India?

OPSC OAS 2024 PrelimsHistory, Art & CultureQuestion 2

Solved previous year question from the OPSC OAS/OCS 2024 Preliminary Examination (General Studies), with the official answer key and a detailed explanation.

Question

Who was the first to issue gold coins in India?

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Answer & Explanation

Correct answer: (D) Indo Greeks

Key Points

  • Indo-Greeks: Established their rule in northwestern India after the decline of the Mauryan Empire. They are credited with introducing gold coinage in India, along with high-quality silver coins featuring Greek deities and bilingual inscriptions (Greek and Kharosthi/Brahmi scripts).
  • Kushans (Option A): While the Kushans did issue gold coins extensively (the famous "dinaras"), they came later, around the 1st-3rd centuries CE. They were influenced by the Indo-Greek tradition but were not the first.
  • Sakas (Option B): The Sakas (Scythians) primarily issued silver and copper coins. They did not initiate the gold coinage tradition in India.
  • Parthians (Option C): The Parthians issued coins, but they were not the pioneers of gold coinage in the Indian subcontinent.

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