Definition of Hundi
XAT 2018 · General Knowledge · Easy · General Knowledge
What is a Hundi?
- A.
It is a financial instrument
- B.
It is a utensil used for marriage functions
- C.
It is a marriage ritual in Tibetan society
- D.
It is Hyundai's earlier name
Answer
A
Explanation
A Hundi is an unconditional financial order/instrument that developed in the Indian subcontinent for trade and credit transactions.
Related General Knowledge questions
- #2407Matching Capital Cities to CountriesXATGKMCQEasy
- #2408Recent Club to Join ISLXATGKMCQMedium
- #2409Matching Brands to CompaniesXATGKMCQMedium
- #2421Official Language TamilXATGKMCQEasy
- #2422International Court of Justice LocationXATGKMCQEasy
- #2458SAARC Non-member CountryXATGKMCQEasy
- #2459Bretton Woods InstitutionsXATGKMCQEasy
- #2460February 28 Celebration in IndiaXATGKMCQEasy
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace