What was the gadyana ?

The correct answer is - A gold coin

Key Points

• Gadyana
  • The Gadyana was a type of gold coin used in ancient India.
  • It was primarily circulated during the reign of the Western Chalukyas and other South Indian dynasties.
  • The coin is known for its high purity of gold and was a standard of monetary value in trade and commerce.
• Purpose of the Gadyana
  • It was used as a medium of exchange in markets and for transactions involving larger sums of money.
  • The coin also served as a symbol of royal authority and economic prosperity of the ruling dynasty.
• Significance in History
  • The Gadyana reflects the economic strength and advanced monetary systems of ancient India.
  • Its usage is documented in inscriptions and historical records, providing insights into the economic practices of that era.

Additional Information

• Other Coins in Ancient India
  • Pana: A silver coin that was widely used during the Mauryan period.
  • Karshapana: An early coin made of punched metal, usually silver or copper.
  • Dramma: A type of coin commonly used in the medieval period, often made of silver or gold.
• Monetary Systems of South India
  • South Indian dynasties like the Cholas, Chalukyas, and Vijayanagara Empire issued coins of various metals, including gold, silver, and copper.
  • These coins often bore inscriptions and symbols, such as deities or rulers’ names, to signify their origin and legitimacy.
• Gold Standard in Trade
  • Gold coins like the Gadyana were preferred for international trade due to their intrinsic value and portability.
  • They were also used for paying tributes and salaries to high-ranking officials.