The Gramm-Leach-Bliley Act

question 16

Multiple Choice

The Gramm-Leach-Bliley Act:

• A) repealed the Riegle-Neal Interstate Banking and Branching Efficiency Act.
• B) repealed the Glass-Steagall Act's prohibition of mergers between commercial banks and insurance or securities firms.
• C) repealed the McFadden Act's restriction on bank branching.
• D) reinforced the Glass-Steagall Act's limitation on commercial banks' availability to merge with insurance or securities firms by increasing the penalties for doing so.

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Definitions:

Narcotic

A drug affecting the mood or behavior and often used for pain relief or as a sleep aid, which can also be potentially addictive.

Ointment

A smooth, greasy substance applied to the skin for healing or cosmetic purposes.

Parenteral

A route of administering medications or nutrients bypassing the digestive system, often by injection through various means such as intravenous, intramuscular, or subcutaneous.

Eye, Ear, Nose, Throat

A medical specialty, often abbreviated as ENT, that deals with disorders and conditions of the eye, ear, nose, and throat.