Consider the following statements regarding the market regulations of Alauddin Khalji:
1. He established three separate markets in Delhi for food grains, costly cloth, and horses, slaves & cattle.
2. The markets were placed under the control of high officers called 'Diwan-i-Riyasat' and 'Shahna-i-Mandi'.
3. The primary motive behind these strict price controls was the general welfare and economic prosperity of the common people.
Which of the statements given above is/are correct?

Question

Accepted Answer

Statement 3 is incorrect. The primary motive behind the market reforms was not public welfare, but to maintain a large standing army at lower salaries without causing inflation. Statements 1 and 2 are historically correct.

Answer

Answer