Question
Bill of Exchange (Hundis)
Answer :
Word Count : 259
_______ _______ ________ ______ ____.
______ _______ _____ ____ ___ _____ ________ ___ ___ ______ ___ ___.
______ ___ _________ _____ _____ ___ ___ _____.
________ _______ _________ ___ ___ ____ ____ ___ _________.
____ ___ ___ __________ _____ ________ ________ ______.
_______ _______ ____ ____ _________ ___ ______ __________ _________ ________ _________.
______ _____ __________ _______ __________ _______ ______ __________ _____ __________ _________ ___.
______ _____ ________ _______ _____ _______ __________ ______ ___ _______ _________ __________.
__________ ________ ______ _______ ______ _________ ________ __________ __________.
____ _____ ________ ___ _______ ___ _____ ________ _______.
___ _____ ____ ________ _______ ______ _____ _________ ____ ____ ______.
___ ____ _________ __________ ______ ________ _____ _____ __________ _____ ______.
___ ________ ___ ____ _______ ______ _____ ___.
_____ ________ _____ ______ _______ ___ ____ __________ ______ _____ _________.
___ __________ __________ ___ ______ __________ _________ ___.
Skip in 10
During the period from c.1206 to 1707, particularly under the Delhi Sultanate and later the Mughal Empire, the bill of exchange, locally known as hundi, played a crucial role in facilitating trade and financial transactions across India and with foreign merchants. A hundi was essentially a written financial instrument, similar to a modern promissory note, which allowed the transfer of money or credit from one person to another. It could be used for remittances, trade payments, or as a credit instrument, ensuring that merchants could safely and efficiently conduct long-distance trade without carrying large sums of cash, which was risky. Hundis were of various
_____ ___ _______ _____ _________ ________ ___ _________ __________ ____ ___._______ _______ ________ ______ ____.
______ _______ _____ ____ ___ _____ ________ ___ ___ ______ ___ ___.
______ ___ _________ _____ _____ ___ ___ _____.
________ _______ _________ ___ ___ ____ ____ ___ _________.
____ ___ ___ __________ _____ ________ ________ ______.
_______ _______ ____ ____ _________ ___ ______ __________ _________ ________ _________.
______ _____ __________ _______ __________ _______ ______ __________ _____ __________ _________ ___.
______ _____ ________ _______ _____ _______ __________ ______ ___ _______ _________ __________.
__________ ________ ______ _______ ______ _________ ________ __________ __________.
____ _____ ________ ___ _______ ___ _____ ________ _______.
___ _____ ____ ________ _______ ______ _____ _________ ____ ____ ______.
___ ____ _________ __________ ______ ________ _____ _____ __________ _____ ______.
___ ________ ___ ____ _______ ______ _____ ___.
_____ ________ _____ ______ _______ ___ ____ __________ ______ _____ _________.
___ __________ __________ ___ ______ __________ _________ ___.
IGNOU ACADEMY
Your IGNOU journey, made easier.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
Continue Reading — It's Free
Sign in with Google to unlock more of this answer.
✓ Free access
✓ Unlock up to 60% of the answer
✓ No payment required
✓ Unlock up to 60% of the answer
✓ No payment required
Quick Google sign-in. No separate registration form.