Which of the Following Is True

question 51

Multiple Choice

Which of the following is true?

• A)​The FDIC sets the reserve requirements for commercial banks.
• B)​The Federal Reserve System guarantees the deposits in almost all banks up to a limit of $1,000,000 per account.
• C)​If a bank should fail, the FDIC guarantees that depositors can get their funds up to a limit of $250,000 per account.
• D)​all of the above

---

Definitions:

Auxiliary Section Housing

A casing that encloses the auxiliary section of a gearbox or transmission, providing structural support.

Seized Clutch Release Bearing

A condition where the clutch release bearing fails to function properly, often due to overheating or lack of lubrication, leading to clutch engagement issues.

Driveline Misalignment

A condition where components of the driveline, such as the transmission and differential, are not properly aligned, leading to increased wear or failure.

Transmission Output Yoke

The Transmission Output Yoke is a component that connects the transmission of a vehicle to the driveshaft, transferring power from the transmission to the wheels.