Question
In medieval India, the term “Fanam” referred to:
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In medieval India, the term “Fanam” referred to:
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• Correct Answer: B
• Fanam (from Sanskrit 'Panam') was a small coin used in South India, especially Vijayanagara and Malabar.
• Typically gold or silver, it served as a fractional unit of Varaha/Pagoda.
• It was a primary medium of exchange in trade and daily transactions. It did not refer to clothing, ornaments, or weapons.
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