Which of the following is not a main deregulatory provision of Depository Institutions Deregulation and Monetary Control Act of 1980?
A) phase-out of deposit rate ceilings
B) allowance of checkable deposits for all depository institutions
C) new lending flexibility of depository institutions
D) allowance of interstate banking for depository institutions in most states
Correct Answer:
Verified
Q1: Which of the following is an "off-balance-sheet
Q3: The Basel Accord
A)forces banks with greater risk
Q5: Deposit insurance has a limit of
A)$10,000.
B)$25,000.
C)$100,000.
D)$250,000.
Q6: The Financial Reform Act was intended to:
A)prevent
Q8: An "off-balance-sheet commitment" that provides the bank's
Q10: Banks commonly use depositor funds to invest
Q11: Commercial banks _ restricted to a maximum
Q14: All Fed member banks must hold
A) private
Q16: The Glass-Steagall Act of 1933 prevented
A)any firm
Q18: The Depository Institutions Deregulation and Monetary Control
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