Question

When did Akbar start the Budget system?
A) 1561
B) 1562
C) 1563
D) 1564

Answer 1

Hint: Akbar, also known as Akbar the Great, was the third Mughal emperor, reigning from 1556 to 1605. Akbar succeeded his father, Humayun, with the assistance of a regent, Bairam Khan, who assisted the young emperor in expanding and consolidating Mughal domains in India.

Complete answer:
Akbar, a powerful personality and a successful general, gradually expanded the Mughal Empire to encompass much of the Indian subcontinent. Because of Mughal's military, political, cultural, and economic dominance, his power and influence extended across the entire subcontinent. Akbar established a centralized administration system throughout his empire and adopted a policy of conciliating conquered rulers through marriage and diplomacy.

Akbar's reign was marked by commercial expansion. To encourage foreign trade, the Mughal government encouraged traders, provided protection and security for transactions, and levied a very low customs duty. Furthermore, it attempted to foster a business-friendly environment by requiring local administrators to compensate traders for goods stolen while on their territory.

The Mughal empire expanded and strengthened several times during Akbar's reign. His religious and social reforms are credited with gaining the trust of the native population, particularly non-Muslims. Akbar adopted Sher Shah Suri's taxation system and further reformed it. As a result, taxes were levied based on the size and productivity of a plot of agricultural land. In 1580, the system was reformed, and the dahsala system was implemented.

Thus, the answer is option ‘B’ i.e, 1562.

Note: The Dahsala system changed the land measurement method from using a rope to a land measuring system by bamboo pieces connected by iron rings to make the measurement method more accurate. This measurement method was called the Bamboo Jarid system.