Which of the Following Was NOT Achieved by the Depository

question 46

Multiple Choice

Which of the following was NOT achieved by the Depository Institutions Deregulation and Monetary Control Act of 1980?

• A)removed interest rate ceilings on deposits
• B)allowed banks to offer NOW accounts
• C)increased competition among depository institutions
• D)allowed interstate banking for depository institutions in most states

---

Definitions:

Home Robbery

An illegal act where intruders break into a residential property to steal possessions.

Diamond Ring

A piece of jewelry featuring a precious gemstone that is typically set in gold, silver, or platinum and worn on the finger.

DVD Player

An electronic device that plays discs produced under the DVD video standard.

Noodle Soup

A dish consisting of noodles served in a broth, potentially accompanied by various ingredients like meats, vegetables, or seasonings.