History, asked by sushantkumar5491, 1 year ago

what was special about the surat hundies

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Answered by Hemant2404
3
A Hundi is a financial instrument that developed in Medieval India for use in trade and credit transactions. Hundisare 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.
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