I ensure that no one shall charge more than the prices that I have fixed..
Name the following..
Related to Delhi sultanate.
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Answer:
Alauddin khilji ..........
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Alaudin Khilji
Explanation:
- Alauddin Khilji 's price management policy was his greatest change in economic development. After Alauddin sat on the throne, he wished to conquer India as a whole. It required a big force. Alauudin speculated the money would stop in just 5 years if he structured the army only on regular pay. He then chose to slash the soldiers' pay. However, they had no issues at all, he set the prices of their basic products. It was called his market control policy
- The influence of its Mongol neighbors, of the Yuan Dynasty of China and the Hulegu Khan Il-Khanate (who dominated the Middle East) was well known to Alauddin Kahlji. In order to ensure stability, Alauddin was manipulating the market to create a large army and to provide his administration with a supply of currency.
- In order to ensure proper pay for his soldiers, Alauddin Khalji developed price checks. Prices have been set to curb all inflation and people who had stockpiled goods were punished. He set up royal granaries at the same time to provide stores of food staples. This led to reducing the food prices and in keeping his soldiers satisfied.
- The Mongols' expansion was reduced and Khalji 's rule was secured by Alauddin. Whilst all of Asia fell to the invaders of the Mongols, however, India was free. In its four market management strategies, Alauddin had established Galla-e-mandi, Sarai-e- Adal, the horses, slaves and cattle market and the general market with the most successful being Galla-e-mandi.
- Alauudin had also introduced around 8 market acts (known as first act, second act....and so on) which related to determining the price of grains, hoarding, rationing of grains during the famine, reports related to Mandi from officers in charge, and act that applied to officers where revenue & administrative officials were told to offer grain to the traders from farmers at fixed prices, and so on.
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Hilji introduce market control policy
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