Which of the Following Statements Regarding Bank Regulation Is True

question 36

Multiple Choice

Which of the following statements regarding bank regulation is true?

• A)The Basel Accord specifies the amount of reserves banks must hold relative to their deposits.
• B)The 1989 Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) was passed in response to the 1987 stock market crash and was an attempt at deregulation following the crises of the early 1980s.
• C)The Community Reinvestment Act has been weakened by the recent increase in bank mergers.
• D)As a result of the Basel Accord, Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), and the Federal Deposit Insurance Corporation Improvement Act (FDICIA), banks and other depositories are now subject to both risk-based capital standards and risk-based insurance premiums.

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Definitions:

Appetite Suppressant

A drug or supplement designed to reduce appetite and help control calorie intake, often used in the management of obesity.

Serotonin

A neurotransmitter involved in various functions within the body, including mood regulation, appetite, and sleep, often associated with feelings of well-being and happiness.

Glucagon-like Peptide-1

A hormone that plays a role in controlling blood sugar levels by promoting insulin release.

Leptin

A hormone predominantly made by adipose cells and enterocytes in the small intestine that helps to regulate energy balance by inhibiting hunger, which in turn diminishes fat storage in adipocytes.