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- Nikita Chetry
- Latest Answer: 11 months ago
- In: Arts & Humanities
What do you understand about the term Hundi? How did it facilitate trade and commerce?
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1 Answers
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- Answered By Nikita Chetry
- Answer: 11 months ago
(i) Hundi or bills of exchange was a mediaeval commercial practice. A hundi was essentially a paper document promising payment of money after a fixed period of time at a certain place. This practice s...
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