what were the different types of hindi in use by traders in ancient times?
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The different types of hundi in use by traders in ancient times
Sahyog Hundi: This is drawn by one merchant on another, asking the latter to pay the amount to a third merchant.
Darshani Hundi: This is a hundi payable on sight.
Muddati Hundi: A muddati or miadi hundi is payable after a specified period of time.
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India’s contacts with the World have continued through the ages but her relationships through the land routes are much older than her maritime contacts. The various passes across the mountains in the north have provided passages to the ancient travellers.
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