Solved

In 1994, Congress Passed a Banking Act That Allowed Banks

Question 13

Multiple Choice

In 1994, Congress passed a banking act that allowed banks to do what?


A) Banks could merge across state lines to have branches in multiple states.
B) Banks could provide FDIC insurance to depositors up to $150,000.
C) Banks could maintain bank holding companies.
D) Banks could underwrite bonds and offer discount brokerage services.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents