WorksheetsBanking & Financial Institutions - Midterm Quiz 2
Total questions: 11
Worksheet time: 9mins
The central banking was began to develop in (a) during the middle of 1600.
The bank in the Philippines that has funded the various economic and social programs of the government since its creation in 1916
(a)
As early as 2,000 B.C, these places were considered safe depositories.
(a)
Banking was performed in Greece during the 6th century B.C.
True
False
Cities in this place became centers of warehouse trade, and they developed local banking systems.
(a)
It was firmly established in the latter part of the 14th century.
(a)
The bankers of the (a) cities were the direct ancestors of modern commercial banking.
This is the first real public bank.
(a)
Bank of Deposit in Barcelona had been organized in 1401.
True
False
The nature of their banking was mostly concentrated on the granting of loans to the crown, collection and transmission of papal revenues, and financing of foreign trade.
(a)
Essay. 10 points (5-10 sentences)
Describe banking activities during ancient times.
