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anonymous

  • one year ago

what is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the loss c. to charter state banks

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  1. paki
    • one year ago
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    what u guess here about the answer...?

  2. anonymous
    • one year ago
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    i guess B

  3. paki
    • one year ago
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    Since the FDIC's creation in 1933, no depositor has ever lost even one penny of FDIC-insured deposits. 2. What is the Purpose of FDIC Deposit Insurance? The FDIC protects depositors' funds in the unlikely event of the financial failure of their bank or savings institution.

  4. anonymous
    • one year ago
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    so i was right @paki

  5. paki
    • one year ago
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    yeah, u were correct...

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spraguer (Moderator)
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