Question

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

Answer 1

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.