A type of bill in the nature of promissory note issued by the government. Answer in a word / phrase / term.
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hey here is your answer
a written order to pay a sum of money to a particular person on a particular date
व्यक्ति को निर्धारित तिथि पर निश्चित राशि देने विषयक लिखित आदेश; विनिमय-पत्र, हुंडी
hope you understand
a written order to pay a sum of money to a particular person on a particular date
व्यक्ति को निर्धारित तिथि पर निश्चित राशि देने विषयक लिखित आदेश; विनिमय-पत्र, हुंडी
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Answer:
The type of bill in the nature of promissory note issued by the government is known as "credit note". It is a kind of paper contract between the receiver and the government, where the assurity of payment to be done is given by the government after a certain period of time.
Explanation:
When there are some works to be done by the government, but there they don't want to pay the money in prior to the work done, at that point the credit note is quiet helpful, where the contractor gets the assurance of payment shall be done in a stipulated time period.
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