ICSE Class 7 Answered

State five market reforms initiated by Alauddin.

Asked by Topperlearning User | 17 Apr, 2015, 01:10: PM

Expert Answer

Three markets were set up in Delhi by Alauddin. One market was for grains, the second was for cloth and the third was for horses, slaves and cattle.
The prices of all commodities in and around Delhi were fixed. The prices of the essential items were reduced.
Vigilant market officers were appointed to keep a close eye on shopkeepers and a strict watch on the prices, weights and measures.
Anyone who hoarded goods or cheated customers in price or weights was severely punished.
Many state godowns were opened and food grains were stored which were to be used at the time of famines or shortage.

Answered by | 17 Apr, 2015, 03:10: PM