Multiple Choice
Which of the following identifies the primary function of OSFI?
A) Manage the deposit insurance fund and carry out bank examinations.
B) Regulate and examine banks.
C) Charter national banks and approve their merger activity.
D) Determine permissible activities for chartered banks.
E) Stand as the "lender of last resort" for troubled banks.
Correct Answer:
Verified
Correct Answer:
Verified
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