20. 4.
Due to dissatisfaction of coins,
The forth stage of evolution of
Money started. Paper money includes;
Govt. notes , bank notes and
Currency notes.
22. 6.
This stage is the current shape
Of money. Plastic money
Includes;
Credit card and Debit card
23. A bank is a reliable institute
Whose main business is to accept
Money on deposit from general public
And to advance loans on interest to some others
âA bank is an institution which receives
deposits of money and advances loans.â
24. Opinion differs in regard to the
origin of the word âBankâ.
There are three origins of
the word Bank.
34. When their volume of business increased,
they opened their âofficesâ in other cities
and countries which is the first stage of bank.
and the receipts issued by goldsmiths is the
origin of currency notes and bank cheques.