Question

l.Discuss about the origin and devalopment of banks. ​

Answer 1

Explanation:

The history of banking began with the first prototype banks which were the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. Archaeology from this period in ancient China and India also shows evidence of money lending.

Answer 2

Answer:

Origin and Development of Bank

• The history of banking began with the first prototype banks which were the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities.

• Development of banking spread from northern Italy throughout the Holy Roman Empire, and in the 15th and 16th century to northern Europe.