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Branch Banking & Deposit Insurance Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. The _______ _______ was the major event in American history which caused many banks to fail and people to lose their deposits.

Question 2 2. Of the following items, which is one that is covered by the Federal Deposit Insurance Corporation (FDIC)?

Question 3 3. Which program, created by President Roosevelt, was the FDIC part of?

Question 4 4. The current limit of a deposit in a single bank covered by the FDIC, as established in 2008, is _______.

Question 5 5. Of the following items, which is one that is NOT covered by the Federal Deposit Insurance Corporation (FDIC)?

Page 2

Question 6 6. Which of these is an example of shadow banking impacting traditional lending methods?

Question 7 7. The shadow banking industry has become larger than the economy of (the) _____.

Question 8 8. Collective investment options make up _____ percent of the shadow banking industry.

Question 9 9. What is shadow banking?

Question 10 10. Which of the following is NOT an institution that makes up shadow banking?

Page 3

Question 11 11. What is the maximum limit of deposits insured per depositor by the FDIC?

Question 12 12. What agency sets the limits on the percentage of reserves that must be held by banks in the U.S.?

Question 13 13. What is a bank run?

Question 14 14. What is the most important benefit of reserve requirements?

Question 15 15. Why is fractional reserve banking beneficial to depositors?

Page 4

Question 16 16. Which statement regarding bank closures in the United States is true?

Question 17 17. What role does the FDIC play in the US banking system?

Question 18 18. What is a run on the bank?

Question 19 19. What two factors create the possibility for runs on banks?

Question 20 20. Which two US banks are used as examples of bank runs in this lesson?

Branch Banking & Deposit Insurance Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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