The Responsibility for Insuring Deposits Against Bank Failures Is Held

question 19

Multiple Choice

The responsibility for insuring deposits against bank failures is held by which of the following?

• A) Canadian Banking Reserve System
• B) Canada Deposit Insurance Corporation
• C) Bank Insurance Corporation
• D) Canadian Finance Department

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Definitions:

Fan-Shaped

Describes an object, structure, or pattern that spreads out in a shape resembling a fan.

Serratus Anterior

A muscle that originates on the surface of the upper eight or nine ribs and inserts along the entire anterior length of the medial border of the scapula, playing a key role in the movement of the shoulder blade.

Humerus

The long bone in the upper arm that runs from the shoulder to the elbow.

Teres Major

A muscle in the upper arm, which helps in the rotation and adduction of the shoulder.