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Of the Principal Reasons for Regulating Banks,what Was the Primary

Question 54

Multiple Choice

Of the principal reasons for regulating banks,what was the primary purpose of the National Banking Act (1863) ?


A) Separation of commercial and investment banking
B) Separation of commercial banking and insurance activities
C) Chartering new banks and examining existing ones
D) Establishment of a network to clear and collect checks
E) Preventing banks from realizing monopoly powers

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