Multiple choice general knowledge

The first state deposit bank was the Royal bank of Scotland.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The first state deposit bank was not the Royal Bank of Scotland (founded 1727). The oldest central bank is Sweden's Sveriges Riksbank, founded in 1668, which is considered the first state-owned deposit bank. The Royal Bank of Scotland came much later in banking history.