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9 February, 14:09

The Federal Deposit Insurance Corporation A. is part of the Federal Reserve System. B. has become insolvent in recent years due to a large number of bank failures. C. in practice has seldom been of much use. D. protects depositors in the event of bank failures.

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  1. 9 February, 14:26
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    D

    Explanation:

    Due to mismanagement of depositor's funds the government established the institution for protect depositor fund.
  2. 9 February, 14:37
    0
    D. protects depositors in the event of bank failures
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