Consider the following statements: I. Pali texts contain the first definite references to coins, e.g., kahapana, nikkha, kamsa, and kakanika. II. The literary evidence from Pali texts is corroborated by archaeological evidence of punch-marked coins from many sites, most of them made of silver. The above statements have been associated with which of the following? 1. Emergence of urban life 2. Transition to money economy Select the answer using the code given below:

Consider the following statements: I. Pali texts contain the - MCQ (English)

UPSC CSE PRELIMS2026General Studies Ancient Indian EconomyHard

Consider the following statements:

I. Pali texts contain the first definite references to coins, e.g., kahapana, nikkha, kamsa, and kakanika.
II. The literary evidence from Pali texts is corroborated by archaeological evidence of punch-marked coins from many sites, most of them made of silver.

The above statements have been associated with which of the following?

Emergence of urban life
Transition to money economy

Select the answer using the code given below:

Correct Answer: C — Both 1 and 2

Explanation:

The question links early coin references in Pali texts with archaeological evidence of punch-marked coins. That combination is evidence both for the emergence of urban life and for transition toward a money economy. Therefore both statements 1 and 2 are accepted.

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