Which Were Among the Important Reforms of the Banking System

question 12

Multiple Choice

Which were among the important reforms of the banking system that resulted from the financial crisis of the 1920 and 1930s?

• A) the Glass-Steagall Act
• B) the prohibition of interest payments on bank deposits
• C) the separation of commercial banking from investment banking
• D) All of the above are correct.
• E) Only a and c are correct.

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Definitions:

Architect

A professional who plans, designs, and oversees the construction of buildings.

Predicate

In grammar, it's the part of a sentence or clause containing a verb and stating something about the subject. In logic, it's the part of a proposition that asserts something about the subject.

Subject

The person, place, thing, or idea that is being discussed or described in a sentence, or the area of study one focuses on.

Proposition

A statement or assertion that expresses a judgment or opinion.