Business Studies, asked by chetanronghe21, 9 months ago

Q10 What are the different types of Hundis in use
tradels in ancient times? Explain in detail. answer

Answers

Answered by bandarisomasekhar200

Answer:

1) Sahyog Hundi: This is drawn by one merchant on another, asking the latter to pay the amount to a third merchant. 2) Darshani Hundi: This is a hundi payable on sight. 3) Muddati Hundi: A muddati or miadi hundi is payable after a specified period of time.

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