Business Studies, asked by Anonymous, 1 month ago

state the difference types of hundis practised by indian merchant communities

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Answered by harshit5864

Answer:

Types of Hundi

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

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