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Hundis are negotiable instruments written in hindustani language. Sometimes they are in the form of promissory notes but usually they are like bills of exchange in form and substance.
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What is the main beliefs of the hundis people?
The Hindu people have a complex belief system. They have many gods that are actually different aspects of the same god. They believe that everything is an aspect of god, that we are god, that everything exists within each of us. They believe in reincarnation - for everything. They believe that we are in this life to fulfill our duties, to enjoy ourselves, and for karma.
What is the sec - 31 of the RBI act?
31. Issue of demand bills and notes.- 2[ (1) ] No person in 3[ India] other than the Bank or, as expressly authorized by this Act, the Central Government shall draw, accept, make or issue any bill of exchange, hundi, promissory note or engagement for the payment of money payable to bearer on demand, or borrow, owe or take up any sum or sums of money on the bills, hundis or notes payable to bearer on demand of any such person: Provided that cheques or drafts, including hundis, payable to bearer on demand or otherwise may be drawn on a person' s account with a banker, shroff or agent. (2) 4[ Notwithstanding anything contained in the Negotiable Instruments Act, 1881 (26 of 1881 ), no person in 3[ India] other than the Bank or, as expressly authorized by this Act, the Central Government shall make or issue any promissory note expressed to be payable to the bearer of the instrument.]
What are subsidiary books of accounts?
The following subsidiary books are used in the business.Cash Book: To record receipts and payments in cash including transactions to Bank.Purchase Book: Records credit purchase of goods meant for sale or to be used as materials.Returns Outward Book: Records return of the goods to the suppliers due to reasons.Sales Book : records credit sales of the goods dealt in by the businessReturn Inward Book : records the return of the goods by the customers to the businessBills receivables Book: Records the receipts of bills of exchange, promissory notes and hundis etc.Bills payable Books : records the issue of the bills of exchange, promissory notes etc. to the various parties.Main Journals : records the transactions for which no sub journal is maintained.
Who was king Henry and what did he do?
he was a mean person who lived with mean people in a mean castle on a mean hill in a mean country in a mean continent in a mean world in a mean solar system in a mean galaxy in a mean universe in a mean dimension
What does (.)(.) mean?
you mean what you mean
What does mean mean in statistics?
Mean is the average.
How do you spell mean?
Mean
What does descriptor mean?
It mean what you don't what does it mean.
Is an arithmetic mean a weighted mean or a weighted mean an arithmetic mean?
The arithmetic mean is a weighted mean where each observation is given the same weight.
What does the 12 Chinese zodiac animals meant?
rat mean intense. ox mean calm , born tiger mean powerful rabbit mean good friend dragon mean strong snake mean prudent horse mean popular goat mean shy monkey mean inventor rooster mean organized dog mean intelligent pig mean honest that are what the 12 chinese zodiac animals mean
Do you say 'what does it mean' or 'what is it mean'?
The correct usage is "what DOES it mean"
What do the hardens mean mean?
The haudensaunee mean irguios
