Which of the Following Is Not a Main Deregulatory Provision

question 65

Multiple Choice

Which of the following is not a main deregulatory provision of Depository Institutions Deregulation and Monetary Control Act of 1980?

• A)phase-out of deposit rate ceilings
• B)allowance of checkable deposits for all depository institutions
• C)new lending flexibility of depository institutions
• D)allowance of interstate banking for depository institutions in most states

---

Definitions:

Assets

are resources owned by a business, having economic value and expected to provide future benefits.

Cash

A form of liquid asset representing money in physical or digital form that can be readily used for transactions.

Services Rendered

Refers to the completion of work or the delivery of a service for which payment is due.

Credit

An accounting entry that either increases a liability or equity account or decreases an asset or expense account.