History of Banking

21. Who is known as the “father of central banking”?

a) Benjamin Franklin

b) Alexander Hamilton

c) John Templeton

d) Paul Volcker

22. The term “quantitative easing” refers to:

a) Decreasing interest rates

b) Increasing money supply

c) Controlling inflation

d) Balancing trade deficits

23. The Great Depression started in:

a) 1919

b) 1929

c) 1939

d) 1945

24. Which bank introduced the first ATM (Automated Teller Machine)?

a) Bank of America

b) Barclays Bank

c) Citigroup

d) HSBC Bank

25. Who is considered the first banker of the world?

a) JP Morgan

b) Rothschild Family

c) John D. Rockefeller

d) Andrew Carnegie