Social Sciences, asked by madhav28, 1 year ago

how were hundis used
more than 40 words

Answers

Answered by gunao

7

A Hundis 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.

gunao: hi

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