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Who was the first Sultan of Delhi to issue regular currency and to declare Delhi as the capital of his empire?
A. Balban
B. Aram Shah
C. Nasiruddin Mahmud
D. Iltutmish

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Answer
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Hint: The ruler who issued the regular currency and declared Delhi as the Capital of his empire was the third ruler of Delhi Sultanate belonging to the Slave dynasty.

Complete answer: Iltutmish was the third ruler of the Slave dynasty who ruled the former Ghurid territories in northern India. After Qutub ud din Aibak’s death he dethroned Aram Shah in 1211 and set up his capital Delhi. He annexed the region of Punjab and Sindh to his empire. He organized the administration of his empire through which he dominated northern India until Mughal Invasion.
He also issued regular currency and introduced the Silver Tanka and copper Jital with a standard weight of 175 grains. He also set up the iqtadari system which means division of empire into iqtas, which were assigned to the nobles and officers in lieu of salary.
Looking at the options given:
Option A. Balban was the ninth ruler of the Slave dynasty It is an incorrect option.
Option B. Aram Shah was the second sultan of the Slave dynasty. He ruled for only six months. It is an incorrect option.
Option C. Nasiruddin Mahmud was the eighth sultan of the Slave dynasty. It is an incorrect option.
Option D. Iltutmish was the third ruler of the Slave dynasty who issued regular currency and made Delhi as his capital. This is the correct answer.

Hence, The correct answer is Option D

Note: