Which One of the Following Savings Plans Is Not Covered

question 64

Multiple Choice

Which one of the following savings plans is not covered by federal deposit insurance?

• A)Account at a savings and loan
• B)Regular checking account at a commercial bank
• C)Money market account at a commercial bank
• D)Money market fund with an investment company
• E)Certificate of deposit at a commercial bank

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Definitions:

Transgenic Organisms

Organisms that have had genes from another species inserted into their genetic code, resulting in new traits or characteristics.

Ring Spot Virus

A plant pathogenic virus causing ring spot symptoms on the leaves of affected plants, leading to reduced growth and yield.

Papaya Industry

The sector of agriculture and commerce dedicated to the cultivation, processing, and distribution of papayas, including production of fruit, seeds, and derived products.

Transgenic Animals

Animals that have been genetically modified to carry and express genes from other species, often used in research, medicine, and agriculture.