What is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the loss c. to charter state banks

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asked May 16, 2016 113k views

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Dwayne · Answer 1 · 2016-05-23T07:49:22+0000

The primary purpose of the federal deposit insurance corporation is to "protect depositors from the loss". This also inspires confidence in the economy as a whole.

What is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the loss c. to charter state banks

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