The guarantee by the CDIC to reimburse bank customers up to $100 000 per deposit in the event of bank problems is called:

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The guarantee provided by CDIC to reimburse bank customers up to $100,000 per deposit in the event of bank problems is called deposit insurance. Fractional reserve banking refers to a banking system where banks keep only a fraction of their deposits on reserve and lend out the remainder to earn profits. Reserve requirements are the minimum amount of reserves that banks are required by law to hold against their deposits. Bank rate refers to the rate at which central banks lend money to commercial banks. None of these options are relevant to CDIC's guarantee for deposit insurance.

The Guarantee by the CDIC to Reimburse Bank Customers Up