Which of the Following Was Not an Operating Characteristic of Foreign

question 153

Multiple Choice

Which of the following was not an operating characteristic of foreign banks operating in the U.S.prior to the International Banking Act of 1978?

• A)They had no access to the Federal Reserve's discount window.
• B)They were not subject to the Federal Reserve's audits and exams.
• C)They had special rates on FDIC deposit insurance.
• D)They could not use the Fedwire or the fed funds market.
• E)They were not subject to the Glass-Steagall Act.

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Definitions:

Data Model

A conceptual representation of the data objects, the associations between different data objects, and the rules.

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A Microsoft Excel add-in that allows users to perform powerful data analysis and create sophisticated data models.

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A data summarization tool used in spreadsheets and database programs to dynamically sort, count, and total or average data stored in one table or spreadsheet.

Data Model

A conceptual framework that arranges elements of data and normalizes their relationships to each other and to real-world characteristics.