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    The Persian term for hundi as per text Mirat-i-Ahmadi was:
    Question

    The Persian term for hundi as per text Mirat-i-Ahmadi was:


    A.

    Sufta

    B.

    Chalani

    C.

    Mahmudi

    D.

    Sarrafi

    Correct option is A

    The correct answer is (a) Sufta. According to the historical text Mirat-i-Ahmadi, the Persian term used for hundi was "Sufta." Hundi was a traditional financial instrument used in medieval India and Persia, functioning similarly to a bill of exchange or a remittance instrument. "Sufta" specifically referred to this kind of financial instrument in Persian terminology.

    Information Booster:

    The hundi system was an important part of the indigenous banking and credit system in medieval India and Persia.
    Hundis facilitated trade by allowing money to be transferred without physically carrying it, reducing risks like theft.
    "Sufta" is the Persian equivalent or term for hundi as mentioned in the Mirat-i-Ahmadi text.
    Other terms like "Chalani" and "Mahmudi" referred to other financial or coinage terms but were not used for hundi.
    Sarrafi typically refers to money changers or banking in Persian context, not hundi.

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