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Which Act Virtually Eliminated the Geographic Restrictions of Banks and Effectively

Question 96

Multiple Choice

Which act virtually eliminated the geographic restrictions of banks and effectively repealed the McFadden Act of 1927?


A) The Basel Accord of 1988
B) The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
C) The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
D) The Interstate Banking and Branching Efficiency Act (IBBEA) of 1994

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