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Subjects
Class 10General KnowledgeIndian HistoryMedieval Indian HistoryExpertLevel 13

What was the commercial importance of Hundi in medieval India?

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Answer and explanation

Correct answer: Making distant payment and credit transactions easier

Hundi helped merchants in safe financial transactions. Exam tip is to link it with commercial networks.

Tags

indian-historymedieval-historycommerce

Frequently asked questions

What is the correct answer to this question?

Making distant payment and credit transactions easier

Why is this the correct answer?

Hundi helped merchants in safe financial transactions. Exam tip is to link it with commercial networks.

Which subject and chapter does this question cover?

This is a Class 10 General Knowledge question. Chapter: Indian History. Topic: Medieval Indian History.

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