One major difference between Muqta and Iqtadar was that-
Muqti was assigned a fixed share in revenue, and his financial transactions were audited by the officials of the Revenue Ministry.
The Iqtadar had no financial liability to the central exchequer.
Iqtadar had to answer to the Sultan and was more powerful than Muqta.
There was some degree of transparency for Muqti.
Final Answer:
Hence, the correct option is D: i.e. The Muqti was assigned a fixed share in revenue and his financial transactions were audited by the officials of the Revenue Ministry, but the Iqtadar had no financial liability to the central exchequer.