Question

what is hundi ?
please give me answer ✌❤✌​

Answer 1

Answer:

Hundi is a financial instrument that developed in medieval India for use in trade and credit transaction. Hope it helps

Answer 2

Hundi 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.