History, asked by bakshisargunsingh, 17 hours ago

class 7 chapter 6 history define Emperor,hundi,factor​

i will mark as brainlist

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Answered by kushwahadps
2

Answer:

Hundi/Hundee is a financial instrument that developed in Medieval India for use in trade and credit transactions. Hundis are used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions. The Reserve Bank of India describes the Hundi as "an unconditional order in writing made by a person directing another to pay a certain sum of money to a person named in the order.

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