Which Banking Act Allowed for the Creation of NOW Accounts

question 45

Multiple Choice

Which banking act allowed for the creation of NOW accounts?

• A)McFadden Act
• B)Glass-Steagall Act
• C)DIDMCA
• D)Garn-St Germain Act

---

Definitions:

Regio-

Refers to the specific region or orientation of molecules or molecular groups within a chemical compound.

Diazomethane

A highly reactive, yellow, toxic gas with the formula CH2N2, used in organic synthesis to introduce a methyl group.

Zwitterionic

A chemical compound that is electrically neutral overall but contains positively and negatively charged sites at different atoms within the molecule.

Carbene

A highly reactive molecule featuring a carbon atom with two nonbonded electrons and is bonded to only two other atoms.