What are hundis
Please the answer
answer from notes
Answers
Answered by
0
Answer:
Explanation:
Hundi/Hundee is a financial instrument that developed in Medieval India for use in trade and credit transactions. Hundis are used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions.
MARK AS BRAINLIEST
Similar questions