During the period of hyper-inflation, there takes place astronomical rise in prices and, as a result, money becomes almost worthless. Such a situation was witnessed in Germany in 1923 and in China in:
Under the unit banking system, each individual bank is a separate entity having its own independent management and board of directors. Which country is generally regarded as the home of the unit banking system?
The china banking system a variant of the group banking system, developed around the mid-nineteenth century and reaching the apex of popularity in the present century. In which country did it develop?