Question
GSHardPrelims 2022Medieval History

In medieval India, the term “Fanam” referred to:

Explanation

In medieval India, the term "Fanam" referred to a unit of currency, particularly a gold coin used in South India, especially in regions like the Vijayanagara Empire, the Nayakas of Madurai, and the various states of the Deccan. The Fanam was often minted in small denominations and was widely used for trade and commerce in the region.

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