For the Following Problems, Choose Among the Following Major Banking

question 110

Multiple Choice

For the following problems, choose among the following major banking laws.
-This legislation phased out Regulation Q ceilings on deposit interest rates.

• A)The McFadden Act of 1927
• B)The Glass-Steagall Act of 1933
• C)The Depository Institutions Deregulation and Monetary Control Act (DIDMCA) of 1980
• D)The Garn-St Germain Depository Institutions Act (DIA) of 1982
• E)The Competitive Equality in Banking Act (CEBA) of 1987
• F)The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
• G)The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
• H)The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
• I)Financial Services Modernization Act of 1999

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Definitions:

System

A set of interrelated components that work together to achieve a common goal or perform a specific function.

Average Number

The arithmetic mean or central value of a set of numbers, calculated by dividing the sum of the values in the set by the number of values.

Queue

A sequence of items or people waiting to be processed, often in a first-come, first-served basis in operations research and computer science.

Exponential Distribution

A probability distribution that describes the time between events in a process where events occur continuously and independently at a constant average rate.