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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY2 Marks
Question
How did the word 'bank' originate?
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Answer

The English word 'Bank' is derived from the Italian word 'Banca' or the French word 'Banque'. These words originated from the Latin word 'Bancus', which means a bench used by money-lenders to display and exchange coins.

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