Category: Finance

What are Hundis? What are its types?

What are Hundis? An age-old tradition of business transactions, peculiar to India, Hundis are negotiable instruments written in various vernacular local languages in the country. The term is derived …

Types of Fire Insurance Policies

Types of Fire Insurance Policies The following are some important kinds of fire insurance policies: 1. Specific Policy: Under it, any loss suffered by the assured is covered only up to …