Which act virtually eliminated the geographic restrictions of banks and effectively repealed the McFadden Act of 1927?
A) The Basel Accord of 1988
B) The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
C) The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
D) The Interstate Banking and Branching Efficiency Act (IBBEA) of 1994
Correct Answer:
Verified
Q11: The _, passed in 1988, is an
Q12: The _, passed in 1989, injected $50
Q13: The _, passed in 1991, enacted regulatory
Q14: Which act was chiefly responsible for bailing
Q15: Which act authorized financial holding companies?
A)Gramm-Leach-Bliley Act
Q17: Which act imposed risk-based insurance premiums?
A)The Basel
Q18: Which of the following statements about the
Q19: The _, passed in 1977, attempts to
Q20: The _, passed in 1994, eliminated most
Q21: Which of the following statements regarding the
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