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In the sixth paragraph of the text, the author mentions that paper money first circulated in
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In the fragment in the fourth paragraph of the text, “It was the Lydians, around 600 BC, who get credit for a critical step in this process: fashioning the first known coins, which were made of a gold and silver alloy” the words in bold refer respectively to:
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The main purpose of the text is to
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From the sentence of the last paragraph, “By embracing modern banking technology, banks can support their customers today, create new value for the future and drive new levels of future growth”, it is inferred that
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In the sentence of the last paragraph “In short, banks are best-placed to succeed if they commit to end-to-end digital transformation”, the phrase In short conveys an idea of
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