Scribd Logo
Upload

Welcome to Scribd!

  • Class Work 1 Bfs

    Uploaded by

    Prashant Ratnpandey
    15 views1 page

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    15 views1 page

    Class Work 1 Bfs

    Uploaded by

    Prashant Ratnpandey

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Early start of banking system:

    The initial activity started with Grain loans---2000BC

    Merchants are the lenders. 1770 BC

    Temples – Because by then people were more mythological than logical.

    Testing of weight and purity of Gold coins, Providing exchange of two


    currency, and with help of moneylenders, they also can transfer their
    funds to other cities.

    1599 – Queen Elizabeth II provided charter to EIC to trade in India. 1600

    1844 – England Joint Stock Companies Act

    1850 – Indian Joint Stock Companies Act

    1860 -

    You might also like