Question -
Answer -
Types of hundi are:
1. Shah Jog Hundi: Payable to a respectable man
2. Jokhmi Hundi: It is a type of hundi which is applicable on goods transported by ship
3. Nam Jog Hundi: Payable to the named party or his order
4. Dhani Hundi: Payable to owner of hundi
5. Jawabi Hundi: A type of hundi that resembles a money order.
6. Darshani Hundi: Payable on sight
7. Miadi Hundi or Muddati Hundi: Hundi that is payable after a specified period of time