Question

Explain the recent Capital Market reforms in India with comparision to alauddin market reforms

Answer 1

Answer:

The major reforms undertaken in capital market of India includes:-

Establishment of SEBI:The SEBI was set up with the fundamental objective, "to protect the interest of investors in securities market and for matters connected therewith or incidental thereto."

Increasing of Merchant Banking Activities: It has proved as a helping hand to factors related to the capital market

Growing Mutual Fund Industry:The growing of mutual funds in India has certainly helped the capital market to grow. Public sector banks, foreign banks, financial institutions and joint mutual funds between the Indian and foreign firms have launched many new funds

Investor's Protection :It works in educating and guiding investors. It tries to protect the interest of the small investors from frauds and malpractices in the capital market.

Answer of your question.

The Delhi Sultanate ruler Alauddin Khalji (r. 1296-1316) implemented a series of major fiscal, land and agrarian reforms in northern India. He re-designated large areas of land as crown territory by confiscating private properties and by annulling land grants. He imposed a 50% kharaj tax on the agricultural produce, and ordered his ministry to collect the revenue directly from the peasants by eliminating the intermediary village chiefs.

Alauddin had faced conspiracies and rebellions by Hindu chiefs in rural areas during his early reign. Besides ensuring sufficient revenues for the royal treasury, the objective of these reforms was to subjugate the powerful chiefs and nobles who could challenge Alauddin's authority. According to chronicler Ziauddin Barani, he also asked his advisers for reforms to subjugate the Hindus whose wealth was a "source of rebellion and disaffection" like the nobility.

Most of Alauddin's reforms were revoked by his son Qutbuddin Mubarak Shah shortly after his death, but a few of them served as a basis for the agrarian reforms introduced by rulers of India in the 16th century.

Explanation:

plz mark as brainliest plz.......... .........