Discussion
Italian money lenders were known as Banechi or Banacheri because
Answer: B
Correct answer: They kept a special type of table to transact their business
The Italian money lenders worked at a bench or table in the marketplace, and the Italian word for that bench - banco - is where "bank" itself comes from. The lenders were named after the furniture they traded across.
The etymology carries a second, grimmer trace: a lender who failed had his bench broken, banca rotta, which gives us "bankrupt". That the lenders were wealthy or held deposits was true but is not the origin of the name, which is what the question asks.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development