Which Delhi sultan was known for his “Market Reforms”?
Show answer & explanation
Correct answer: C
Explanation
Alauddin Khilji -
Alauddin Khilji is most famous in medieval Indian history for his economic and market control reforms. His primary objective was to maintain a large standing army at a low cost.
Alauddin Khilji's Market Reforms -
Price Fixation: He fixed the prices of grain, cloth, slaves, cattle, and even horses.
Specialized Markets: He established separate markets for different commodities, such as:
Mandi: A grain market.
Sarai-i-Adl: A market for cloth, sugar, herbs, and ghee.
To monitor the markets, he created positions such as 'Shahna-i-Mandi' (market superintendent) and 'Barit-i-Mandi' (intelligence officer).