Which of the following is NOT one of the main features designed to protect depositors and the economy against bank runs?

Question

Quizplus · Accepted Answer

Interest rate ceilings on checkable deposits are not a feature designed to protect depositors and the economy against bank runs. Instead, they were a policy implemented in the past to control inflation and promote financial stability. However, they have been largely phased out in modern banking systems. A, B, and C are all main features designed to protect depositors and the economy against bank runs. Deposit insurance ensures that depositors will be reimbursed in the event of a bank failure, capital requirements ensure that banks have enough equity capital to absorb losses, and reserve requirements ensure that banks hold a certain amount of cash in reserve to meet deposit withdrawals.

Which of the Following Is NOT One of the Main