Which of the following phrases defines the nature of the ‘Hundi’ generally referred to in the sources of the post-Harsha period ?
An advisory issued by the king to his subordinates
A diary to be maintained for daily accounts
A bill of exchange
An order from the feudal lord to his subordinates
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC IAS – 2020
A Hundi is essentially an indigenous form of a bill of exchange used for transferring funds or credit.