UPSC 2020 › Ancient History › Trade & Economy

1 question · 2020 · answers as per the UPSC key

Take test Free Study this topic: Ancient India
All years of Trade & Economy · Full UPSC 2020 paper
UPSC 2020 · Q25 · Ancient History › Trade & Economy · Save

Which of the following phrases defines the nature of the ‘Hundi’ generally referred to in the sources of the post-Harsha period ?

(a) An advisory issued by the king to his subordinates
(b) A diary to be maintained for daily accounts
(c) A bill of exchange
(d) An order from the feudal lord to his subordinates
Show answer
Answer: (c) A bill of exchange