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What is the purpose of the Federal Deposit Insurance Corporation? A. to keep banks on the gold standard B. to protect depositors from loss C. to charter state banks D. to end ba…

What is the purpose of the Federal Deposit Insurance Corporation? A. to keep banks on the gold standard B. to protect depositors from loss C. to charter state banks D. to end ba…
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What is the purpose of the Federal Deposit Insurance Corporation?

A. to keep banks on the gold standard
B. to protect depositors from loss
C. to charter state banks
D. to end banking regulation

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User Tux Skywalker
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1 Answer

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the FDIC is a government agency that insures customer deposits if a bank fails, it was a last resort to restore trust in the nation's financial system
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User Katayoun
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7.6k points
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