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Q.Who among the following rulers issued the first gold coins ? (A) Vakataka rulers (B) Mauryan rulers (C) Gupta rulers (D) Kushana rulers

CBSECBSE Class XII Board 2026MCQ· 1mImportance★★★★★
✓ Free question

The first gold coins in India were issued by the Kushana rulers, who introduced a standardised gold coinage inspired by Roman and Indo-Greek models, well before the Guptas.

The question asks about the first issuer of gold coins in Indian history. This is a classic fact-based question from ancient Indian numismatics, but it also tests your understanding of the chronological and economic context of different dynasties.

Let’s think about why each option is or isn’t correct.

  1. Mauryan rulers (option B) are famous for their punch-marked coins made of silver and copper. They did not issue gold coins. Their economy relied on a regulated silver currency (the pana), and gold was used more as a store of value or for ornaments, not as a standard coin. So Mauryans are out.

  2. Vakataka rulers (option A) were contemporaries of the Guptas in the Deccan. They issued coins, but mostly in copper and silver. Their gold coinage, if any, was very limited and came later, after the Kushanas and Guptas had already established gold coin traditions. So they are not the first.

  3. Gupta rulers (option C) are famous for their magnificent gold coins, especially those of Chandragupta II and Samudragupta. But the Gupta gold coinage began in the 4th century CE. The question asks for the first issuer — and the Guptas were not the first.

  4. Kushana rulers (option D) — here is the key. The Kushanas, especially Kanishka I (c. 127–150 CE), were the first Indian dynasty to issue a substantial and standardised gold coinage. Their gold dinars were modelled on Roman aurei and Indo-Greek prototypes. This happened in the 1st–2nd century CE, well before the Guptas.

Tip

A common confusion is to associate the first gold coins with the Guptas because their gold coinage is so famous and artistically rich. But the Kushanas preceded them by about two centuries. The Gupta gold coinage was actually a continuation and refinement of the Kushana tradition.

Watch out

Do not confuse "first gold coins in India" with "most famous gold coins." The Guptas are the most celebrated, but the Kushanas were the pioneers.

Thus, the correct answer is the Kushana rulers.

✓Final answer

The correct option is (D) Kushana rulers.

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