The modern commercial banking system began in America when the
A) Bank of United States was chartered in New York in 1801.
B) Bank of North America was chartered in Philadelphia in 1782.
C) Bank of United States was chartered in Philadelphia in 1801.
D) Bank of North America was chartered in New York in 1782.
Correct Answer:
Verified
Q2: The Federal Reserve Act of 1913 required
Q3: With the creation of the Federal Deposit
Q4: The government institution that has responsibility for
Q5: The Second Bank of the United States
Q6: Which regulatory body charters national banks?
A)the Federal
Q8: Before 1863
A)federally-chartered banks had regulatory advantages not
Q9: Prior to 1863,all commercial banks in the
Q10: Probably the most significant factor explaining the
Q11: Although the National Bank Act of 1863
Q12: Because of the abuses by state banks
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