One of the major functions performed by the Federal Reserve district banks is

Question

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One of the main functions of the Federal Reserve district banks is to provide loans to private banks, also known as discount window lending. These loans are intended to help ensure the stability of the banking system and support the smooth functioning of financial markets. The Federal Reserve district banks also perform other important functions, such as processing checks, supervising member banks, and conducting monetary policy. However, none of the other answer choices provided are correct functions of the Federal Reserve district banks.

One of the Major Functions Performed by the Federal Reserve