Which of the Following Was Not a Provision of DIDMCA

question 60

Multiple Choice

Which of the following was not a provision of DIDMCA?

• A)the phase-out of deposit rate ceilings
• B)the allowance of checkable deposits for all depository institutions
• C)the permission of depository institutions to offer money market deposit accounts (MMDAs)
• D)new lending flexibility for depository institutions
• E)all of the above were provisions of DIDMCA

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Definitions:

Psychiatrist

A medical doctor specialized in diagnosing, preventing, and treating mental disorders, often with the ability to prescribe medication.

Parents

Individuals who have conceived, adopted, or are the legal guardians responsible for raising a child or children.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.

Reliability

The degree to which an assessment tool produces stable and consistent results over repeated applications under similar conditions.