Question

Functions of Hundi and Chitti??​

Answer 1

Answer:

Hundi and Chitti were financial instruments which were used for carrying out trade and credit transactions during the Medieval period in India

Explanation:

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Answer 2

Answer:

Hey!

These documents were used as financial instruments for carrying out transactions In which money passed hand-to-hand during the medieval period in india.

Further,

Hundi is a instrument of exchange, it involved a contract which warrant the payment of money, the promise or order which is unconditional and capable of change through transfer by valid negotiation.

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