The Federal Reserve Board is responsible for regulating which of the following?
A. Bank holding companies and member banks of the Federal Reserve System
B. National banks, federal saving associations, and federal branches of foreign banks
C. Federally charted credit unions
D. State-chartered banks
Answer: A
Explanation: The Federal Reserve Board (FRB) regulates banks holding companies and member banks of the Federal Reserve System. The OCC regulates national banks, federal saving associations, and federal branches of foreign banks. The National Credit Union Administration is responsible for regulating federally chartered credit unions. FDIC regulates state-chartered banks.
You might also like to view...
Page sharing ________.
a) increases the amount of main memory required for a group of processes to run efficiently b) decreases a system’s degree of multiprogramming c) does not allow modifiable procedures from being used by more than one process at the same time d) none of the above
A form can NOT be used to delete a record from a Base database
Indicate whether the statement is true or false
A(n) ____________________ contains a computer chip that can verify and validate several pieces of information instead of just a PIN.
Fill in the blank(s) with the appropriate word(s).
The main output of the preliminary investigation is the ____________________ report, which includes the systems analyst's findings on the status of the existing system.
Fill in the blank(s) with the appropriate word(s).