History · Taxation in the Doab
During Muhammad bin Tughlaq's taxation experiment in the Doab, what was the primary reason for fixing arbitrary official prices for commodities?
- 1To standardize the market prices across the entire Delhi Sultanate
- 2To curb inflation caused by hoarding and black marketing by local merchants
- 3To convert the produce into cash based on inflated official rates for tax collection✓
- 4To provide subsidized food grains to the urban poor and army
Correct answer
To convert the produce into cash based on inflated official rates for tax collection
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