Which of the Following Provides Basic Deposit Insurance to Depositors

question 16

Multiple Choice

Which of the following provides basic deposit insurance to depositors if their bank fails?

• A) Canadian Reserve System
• B) Canadian Deposit Insurance Corporation
• C) Canada Revenue Agency
• D) Federal Savings and Loan Insurance Corporation

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Definitions:

Anxiousness

An emotion of concern, apprehension, or discomfort regarding an event whose result is not yet known.

Obsessive-compulsive Personality Disorder

A personality disorder characterized by preoccupation with orderliness, perfectionism, and control, at the expense of flexibility, openness, and efficiency.

Obsessively Clean

Refers to an extreme focus on cleanliness and orderliness, often beyond what is considered normal or healthy.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, is a manual published by the American Psychiatric Association that provides a standardized language and criteria for the classification of mental disorders.