state the role of intermediaries of trade in ancient india
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Get a quick overview of Trade and Commerce in Ancient India from Historical ... a major role in establishing trade and commerce activities throughout the world. ... The intermediaries took care of the trade community's interests.
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Hundi can be defined as a financial instrument or a negotiable bill of exchange, which was used for carrying out trade and credit transactions during the Medieval period in India. A Hundi is primarily an unconditional contract or order which warrantees a monetary payment which can be transferred by valid negotiation.
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