The increased activity of the financial market in the past five years has resulted in a severe drop in the required premiums for commercial banks to be members of the Federal Deposit Insurance Corporation.

Question

Quizplus · Accepted Answer

The statement is false. The premium rates for commercial banks to be members of the Federal Deposit Insurance Corporation have actually increased in the past five years due to new regulations and a higher focus on risk management.

The Increased Activity of the Financial Market in the Past