Created by President Roosevelt’s New Deal legislation, what is the primary purpose of the Federal Deposit Insurance Corporation (FDIC)?
A.
to insure bank customers’ collateral goods are not seized by banks illegally
B.
to guarantee that bank customers insure their stock market investments
C.
to make sure that bank customers’ accounts are secure even if the bank fails
D.
to insure that banks distribute money only to the most reliable customers
Answers: 1
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