With regard to the Mughal finance system which of the following statements are correct?

(A) There was a well-developed system of finance and credit in Mughal India

(B) The use of hundis or bills of exchange was widespread

(C) There was no insurance system hence risks of loss in transit were very high

(D) Transport across land was itself costlier, it was more vulnerable to the exactions of chiefs and rebels

Choose the most appropriate answer from the options given below:

1
(A), (B) and (D) only
2
(A), (C) and (D) only
3
(B) and (C) only
4
(C) and (D) only

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