Which of the Following Statements Is TRUE for the U

question 90

Multiple Choice

Which of the following statements is TRUE for the U.S.?

• A) Federally chartered banks are required to make contributions to the FDIC to cover the cost of bank deposits insurance.
• B) Federally chartered banks are not required to make contributions to the FDIC to cover the cost of bank deposits insurance.
• C) The States are not required to make contributions to the FDIC to cover the cost of bank deposits insurance for banks with their main branch in that State.
• D) The States are required to make contributions to the FDIC to cover the cost of bank deposits insurance for banks with their main branch in that State.
• E) The specific municipality where the main branch of the bank is located is required to make contributions to the FDIC to cover the cost of bank deposits insurance.

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