Question

Who among the following is best known for his market regulation policy?
1. Nasiruddin Mahmud 
2. Razia Sultan 
3. Iltutmish 
4. Alauddin Khalji 

Answer 1

Correct Answer - Option 4 : Alauddin Khalji 

The correct answer is Alauddin Khalji.

• Alauddin Khalji is best known for its market regulation policy.

• Administrative Reforms during Alauddin Khilji:
  • He was the first sultan to have a permanent army.
  • He introduced the system of Dagh (the branding of a horse) and Chehra (descriptive role of soldiers).
  • The post of a special officer called Mustakharaj was created for the purpose of collecting revenue.
  • Alauddin attempted to fix the cost of all commodities. For this purpose, he set up three markets in Delhi.
    • He established the market control department under a minister called diwan-i-riyasat.
    • He measured the cultivable land and fixed the land revenue, Bishwa was declared to be the standard of measurement.

• Razia Sultan 
  • She was the first and last Muslim woman ruler of Medieval India.
• Iltutmish 
  • He introduced the silver coin (tanka) and the copper coin (jital).
  • He also started the Iqta-dar system in Delhi Sultanate.
• Nasir ud din Mahmud Shah
  • He was the eighth sultan of the Mamluk Sultanate.
  • He was a son of Shams ud Din Iltutmish.