An account of the history, structure, and operation of the First and Second Banks of the United States, this study examines how the banks performed as national and central institutions, and what happened to the economy when the charter of the Second Bank was allowed to expire in 1836. Historians have paid little recent attention to the early history of central banking in the United States, and many Americans believe that the Federal Reserve, created in 1913, was our first central bank. The economic crisis during the American Revolution actually led to the founding of a national bank, called the Bank of North America, during the period of Confederation. Although it became a private bank before the Constitution was ratified in 1788, it proved to be such a success that in 1791 Alexander Hamilton, the first Secretary of the Treasury, was able to convince President Washington that a similar bank should be established. While the First Bank of the United States performed well during its tenure, its charter was allowed to lapse in 1811. A Second Bank of the United States was created five years later in 1816, and it prospered under the leadership of its third president, Nicholas Biddle, from 1823 to 1830, when central banking was practiced. This success ended with the 1828 election of Andrew Jackson, who refused to recharter the bank and withdrew the government's funds in 1833. Severely weakened, the Bank continued, but its charter finally expired in 1836, much to Biddle's dismay.

• Best Selling Book in English Edition for UCO Bank Clerk Mains Exam (IBPS CRP XII) with objective-type questions as per the latest syllabus given by the Institute of Banking Personnel Selection (IBPS). • Compare your performance with other students using Smart Answer Sheets in EduGorilla’s UCO Bank Clerk Mains Exam Practice Kit. • UCO Bank Clerk Mains Exam Preparation Kit comes with 10 Tests (8 Mock Tests + 2 Previous Year Papers) with the best quality content. • Increase your chances of selection by 14X. • UCO Bank Clerk Mains Exam Prep Kit comes with well-structured and 100% detailed solutions for all the questions. • Clear exam with good grades using thoroughly Researched Content by experts.

This book contains an Access Code in the starting for accessing the 7 Online Tests. New Pattern IBPS Bank PO Exam 20 Practice Sets provides 20 Practice Sets – 5 for Preliminary Exam Tests (10 in the book and 5 as Online Tests) + 15 for Main Objective Exam Tests (10 in the book and 5 as Online Tests) designed exactly on the pattern suggested in the latest IBPS Bank PO notification. • The solution to each type of Test is provided at the end of the book. • This book will help the students in developing the required Speed and Strike Rate, which will increase their final score in the exam. FEATURES OF THE ONLINE TESTS 1. The student gets to know his result immediately after the test is submitted. 2. Section-wise, Test-wise Reports are generated for the candidate. 3. Performance report across the 5 test also gets generated as the student appears in the 5 tests.