Of the Principal Reasons for Regulating Banks,what Was the Primary

question 40

Multiple Choice

Of the principal reasons for regulating banks,what was the primary purpose of the National Banking Act (1863) ?

• A)Separation of commercial and investment banking
• B)Separation of commercial banking and insurance activities
• C)Chartering new banks and examining existing ones
• D)Establishment of a network to clear and collect checks
• E)Preventing banks from realizing monopoly powers

---

Definitions:

Basic Earnings Per Share

A calculation that measures the profitability available to a company's common shareholders, dividing net income by the number of common shares outstanding.

Convertible Securities

Financial instruments, such as bonds or preferred shares, that can be converted into a specified number of another type, typically common stock, at a predetermined price.

Basic And Diluted Earnings Per Share

A measure of a company's profitability that calculates earnings for each share of stock, considering both current shares and potential shares from conversions.

Comprehensive Income

A measure of all changes in equity of a business that result from recognized transactions and events, including unrealized gains and losses.