Some Bank Regulation Limits the Types of Assets That Banks

question 163

Multiple Choice

Some bank regulation limits the types of assets that banks may own.The intent of this regulation is to

• A)protect banks from competition.
• B)provide banks with a minimum level of profits.
• C)limit the level of bank profits.
• D)maintain bank safety.
• E)All of the above are correct.

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Definitions:

Development Strategy

A plan of action designed to achieve specific long-term goals or outcomes, usually related to economic growth or societal improvement.

Industrializing

The process of transforming an economy to be based largely on manufacturing industries rather than agriculture.

Food Aid

Assistance given in the form of food to individuals or regions in need, often provided during crises or for development projects.

Agricultural Development

The process and strategies aimed at improving the economy and living standards through increased productivity, efficiency, and sustainability in farming and related agricultural activities.