Business Studies, asked by shoryagarg8, 9 months ago

Hundi payable on expiry of a fixed period of time to any person is called​

Answers

Answered by ayushtripathi5359
6

Answer:

Muddati Hundi: A muddati or miadi hundi is payable after a specified period of time. This is similar to a time bill. There are few other varieties of hundies like Nam-jog hundi, Dhani-jog hundi, Jawabee hundi, Hokhami hundi, Fir man-jog hundi, and so on. Now a days these instruments of credit are called bills of exchange or promissory notes

Answered by bhatiamona
0

Hundi payable on expiry of a fixed period of time to any person is called​?

The correct answer is :

Muddati Hundi

Explanation :

Hundi payable on expiry of a fixed period of time to any person is called​ __Muddati Hundi__.

The Hundi which is given to a person at the end of a certain period is called 'Mudati Hundi'.

'Mudati Hindi' has a fixed duration. It is payable only for a specified period. Muddati Hundi is like a time bill.

Hundi is such a method in the ancient payment system of India, which has been used in the payment process. In India, hundi has been used as a means of credit since ancient times.

Hundi is the type of document which is used in the payment process. There are many types of Hundi, the names of Nam-Jog Hundi, Dhani-Jog Hundi, Jawati Hundi, Hokhami Hundi, Phirman-Jog Hundi etc. are prominent.

Hundi is used in many ways in India. This is a popular method used in business operations.

#SPJ3

——————————————————————————————————————

Know something more :

https://brainly.in/question/20224975

Which of the following is not a non renewable resources solar energy water soil natural gas

https://brainly.in/question/11714070

Which sector of india has shown the tremendous growth in the 1st decade of 21st century?

Similar questions