To eliminate the abuses of the state-chartered banks,the ________ created a new banking system of federally chartered banks,supervised by the ________.
A) National Bank Act of 1863;Office of the Comptroller of the Currency
B) Federal Reserve Act of 1863;Office of the Comptroller of the Currency
C) National Bank Act of 1863;Office of Thrift Supervision
D) Federal Reserve Act of 1863;Office of Thrift Supervision
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
Q7: The modern commercial banking system began in
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
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents