For the business students and others who are related with financial institutions.

2. INTERRELATED

3. To know the history of
Banking, Let’s view the
History of Money.

5. Question
If you wanted to purchase
some bread, would you trade
the cashier a loaf of bread
for your shoes?
OF COURSE, NOT

9. Definition of Money

10. Barter v/s Money

11. Recognize the difference
between a barter system
and a money system.

13. 1.
Arrows

15. 2.
Metals

16. Drawbacks of
Metallic Money

17. 3.
Because of some demerits
of metallic money, coins came into
existence. Gold and Silver coins
were used as standard of value.

18. Drawbacks of Coins Money

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.

21. 5.
This stage includes;
Bank cheque, Bank draft,
Demand draft

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
“A bank is an institution which receives
deposits of money and advances loans.”

24. Opinion differs in regard to the
origin of the word “Bank”.
There are three origins of
the word Bank.

28. BANK
Banka/
Bancus
Banqui
Back

34. When their volume of business increased,
they opened their “offices” 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.