Correct Answer - Option 2 : Shatman
The beginning of ancient Indian coinage can be traced between the 1st millennium BCE to the 6th Century BCE. This stage was comprised of coins that were made of copper and silver.
Coins in the Vedic Period:
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The Rigveda has references to nishka (gold) and nishka greeva (ornaments of gold) but it is not sure if these could be understood as coins.
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However, the later Vedic texts had references to nishka, suvarna, shataman, and pada. But scholars are of the opinion that these terms do not indicate a wide circulation of conventional coins.
Thus, we can conclude that Shatman were coins called in the Vedic period.
