Question

The word ‘Bank’ has been derived from the French word ............... Fill in the blank.

Answer 1

The word bank comes from an Italian word banco, meaning a bench, since Italian merchants in the Renaissance made deals to borrow and lend money beside a be

Answer 2

The word Bank comes from the Italian word banco. It means the bench.

The Italian merchants made the deals to borrow and lend the money beside a bench during the time of Renaissance.

A bank is the financial institution that creates the credit and accepts the deposit from the public.