Business Studies, asked by latabhattpith, 11 months ago

what do you mean by Hundis

Answers

Answered by arshia93

Answer:

Hi mate

Explanation:

HUNDIS IS A FINANCIAL INSTRUMENT THAT DEVELOPED IN MEDIEVAL INDIA FOR USE IN TRADE AND CREDIT TRANSACTIONS.

HOPE IT HELPS....

Answered by anubhabkumar2020

Explanation:

Hundis refer to financial instruments evolved on the Indian sub-continent used in trade and credit transactions. They were used. as remittance instruments (to transfer funds from one place to another), as credit instruments (to borrow money [IOUs]), for trade transactions (as bills of exchange).

Mark me as BRAINLIST please

Attachments:

Previous Question

Next Question

Similar questions

Math, 5 months ago

hey Taniskha whatever you are sending for Kim V it is not sharable...

CBSE BOARD XII, 5 months ago

in which games are seven different coloured balls used?

English, 5 months ago

.Write a letter to a Sports Store ordering for Sports goods for yourschool. urgent plsss...

Math, 11 months ago

To Find the sum of the following 151 and C-202)...

Chemistry, 11 months ago

Zinc sulphate crystals contain 22.6% of zinc and 43.9% of water. Assuming the law of constant proportions to be true, how much zinc should be used to produce 13.7 g of zinc sulphate and how much water will they contai...

Math, 1 year ago

Prove that sin θ (1 + tan θ) + cos θ (1 + cot θ) = sec θ + cosec θ.

Hindi, 1 year ago

आपदा में नागरिकों के कर्त्तव्य...

English, 1 year ago

Describe and comment on the school library in less than 50words...

what do you mean by Hundis​

Answers

Hundis refer to financial instruments evolved on the Indian sub-continent used in trade and credit transactions. They were used. as remittance instruments (to transfer funds from one place to another), as credit instruments (to borrow money [IOUs]), for trade transactions (as bills of exchange).

Mark me as BRAINLIST please

what do you mean by Hundis