Q. An arrangement in which a person enters into an agreement with a specified number of persons that every one of them shall subscribe a certain sum of money by way of periodical installments over a definite period and that each such subscriber shall, in his turn be entitled to the prize amount is called? (Solved)

1. Chit

2. Chitty

3. Kury

4. All of the above

  • d. All of the above
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