Question

The nine directors of the Federal Reserve Banks are split into three categories: ________ are professional bankers, ________ are leaders from industry, and ________ are to represent the public interest and are not allowed to be officers, employees, or stockholders of banks.

A) 5; 2; 2
B) 2; 5; 2
C) 4; 2; 3
D) 3; 3; 3

Answer 1

The correct option is D,3;3;3;

Step-by-step explanation:

The professional bankers are successful executives who have piloted the affairs of banks in the United States and bring on the board proven wealth of knowledge and requisite skillets.

The three captains of industry are being appointed based on merit and proven track record in managing meaningful business enterprises .

Lastly ,the last three are chosen from the civil society groups and genera public who have made impact in their chosen endeavors such as Tai Lopez.