Which Act Virtually Eliminated the Geographic Restrictions of Banks and Effectively

question 96

Multiple Choice

Which act virtually eliminated the geographic restrictions of banks and effectively repealed the McFadden Act of 1927?

• A)The Basel Accord of 1988
• B)The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
• C)The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
• D)The Interstate Banking and Branching Efficiency Act (IBBEA) of 1994

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Definitions:

Ataxia

A neurological sign consisting of lack of voluntary coordination of muscle movements, typically affecting gait, speech, and eye movements.

Coordination

The capacity to coordinate various body parts in a seamless and effective manner.

Cerebral Palsy

A neurological disorder caused by a non-progressive brain injury or malformation that occurs while the child’s brain is under development.

Craniectomy

A surgical procedure involving the removal of a portion of the skull to relieve pressure on the brain.