Banking History & Evolution Quiz

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Banking History & Evolution: a General level Bank Exam Prep quiz. Test your knowledge with 13 questions!
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Questions

Question 1
The first modern central bank was established in which country?
A France
B USA
C Sweden
D England
Question 2
What was the primary function of early banks?
A Investing
B Real estate
C Insurance
D Safekeeping gold
Question 3
Which currency became the global reserve currency in the 20th century?
A Gold
B British Pound
C Euro
D US Dollar
Question 4
What is a 'Barter' system?
A Using coins
B Trading goods
C Using paper money
D Digital payments
Question 5
The Bank of England was established in which year?
A 1594
B 1794
C 1894
D 1694

๐Ÿ“‹ This quiz has 13 questions in total.

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