Multiple Choice
The Garn-St. Germain Depository Institutions Act was passed in order to
A) authorize interest earning checking accounts.
B) prevent depository institutions from offering interest earning checking accounts.
C) help depository institutions compete with money market mutual funds by being able to authorize money market deposit accounts.
D) phase out Regulation Q interest rate ceilings.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: The Federal Deposit Insurance Corporation Improvement Act
Q36: Which of the following statements regarding bank
Q37: Why have depository institutions been regulated?<br>A)because the
Q38: Which of the following insures deposits in
Q39: Security firms are regulated by which of
Q41: Which of the following set minimum capital
Q42: With regard to consumer protection, finance companies
Q43: Which of the following acts repealed the
Q44: Which of the following did the Federal
Q45: The practice of drawing a line around