What is the primary purpose of the Federal Deposit Insurance Corporation?
A. It regulates the banking business.
B. It ensures banks do not charge too much.
C. It protects people’s money if banks fail.
D. It gives banks extra sources of income.
Your answer would be, The primary purpose of the Federal Deposit Insurance Corporation (FDIC.)., is that, It Protects People's Money If The Bank Fails.
Answer: Letter Choice (C), It protects people's money if the banks fail.
