IIA
IIA-CFSA · Question #328
Deposit in many banks are insured by the ______________, which ensure that depositors will get their money back up to a stated limit, if a bank should fail:
The correct answer is B. Federal Deposit Insurance Corporation. See the full explanation below for the reasoning.
Question
Deposit in many banks are insured by the ______________, which ensure that depositors will get their money back up to a stated limit, if a bank should fail:
Options
- AFinancial Deposit Insurance Corporation
- BFederal Deposit Insurance Corporation
- CFederal Deposits and Investment committee
- DNone of these
How the community answered
(35 responses)- A9% (3)
- B77% (27)
- C3% (1)
- D11% (4)
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