Which federal banking act extends deposit insurance coverage on qualified retirement accounts from $100,000 to $250,000 and authorizes the FDIC to periodically increase deposit insurance coverage to keep up with inflation?
A) The Sarbanes-Oxley Act
B) The Gramm-Leach-Bliley Act
C) The Check 21 Act
D) The Fair and Accurate Credit Transactions Act
E) The Federal Deposit Insurance Reform Act
Correct Answer:
Verified
Q79: The fastest growing financial crime in the
Q80: Common minimum capital requirements on banks in
Q81: The Emergency Economic Stabilization Act passed in
Q82: Which of the following created the Truth
Q83: Which of the following acts created a
Q85: The Financial Services Regulatory Relief Act of
Q86: _ allows European and foreign banks greater
Q87: The Federal Reserve buys Treasury Bills in
Q88: Which of the following has become the
Q89: As per the National Currency and Bank
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents