The Federal Deposit Insurance Corporation (FDIC) insures deposits in commercial banks.The FDIC was created by the:
A) Federal Reserve Act of 1913
B) Panic Banking Act of 1907
C) Banking Act of 1933
D) National Banking Act of 1936
E) Depression Recovery Act of 1930
Correct Answer:
Verified
Q77: Thrift institutions:
A)deal primarily with business-to-business transactions
B)are a
Q78: A _ is a nonprofit, member-owned financial
Q79: _ are profit-oriented depository financial institutions that
Q80: Thrift institutions were formed specifically to encourage
Q81: Finance companies that make loans to promising
Q83: The Federal Deposit Insurance Corporation (FDIC):
A)was created
Q84: The _ is an independent, quasi-public corporation
Q85: The Federal Deposit Insurance Corporation (FDIC):
A)is an
Q86: Which of the following statements about the
Q87: When bank examiners conclude that a bank
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