stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Banking and Investing Chapter 3.4 Flashcards | StudBud
Explore
/
Banking and Investing Chapter 3.4
Banking and Investing Chapter 3.4
10 terms
·
StudBud Administration
·
11 plays
chapter 3 section 4
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
What is a charter?
A legal approval to create a business
A document
An illegal approval to operate a business
A legal approval to operate a business as a bank
2
________data can be used to track trends within the banking industry.
None of the above
CAMELS
FDIC
SEER
3
True/False:The Board of Representatives writes banking regulations?
True
False
4
The acronym CAMEL stands for
Asset adequacy, Management, Capital, Earnings, Liquidity
Capitol, Asset adequacy, Money, Earnings, Liquidity
Credit, Apple, Money, Entrepreneurship, Liability
Capital, Asset adequacy, Management, Earnings, Liquidity
5
Whose responsibility is it to enforce banking regulations?
FDIC
Board of Governors
12 Reserve Banks
Federal Government
6
True/False:Examiners use CAMELS rating system to evaluate five criteria of safety and soundness
True
False
7
Which of these corporations supervise banking institutions?
OCC
A,B,C
OTS
FDIC
8
True/False:Banks are not required to get permission from the fed before acquiring another bank.
True
False
9
CAMELS ratings are not __________ information
Public
Government
Private
General
10
Who writes banking regulations?
State Government
Federal Government
Board of Governors
Reserve Bank
