To protect citizens from bank failures, Franklin D. Roosevelt and Congress established the _________.
A
National Industrial Recovery Act (NIRA)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Securities and Exchange Commission (SEC)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Federal Deposit Insurance Corporation (FDIC)
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Social Security Administration
No worries! We‘ve got your back. Try BYJU‘S free classes today!
E
Federal Reserve System
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B Federal Deposit Insurance Corporation (FDIC) To protect citizens from bank failures, Franklin D. Roosevelt and Congress established the Federal Deposit Insurance Corporation (FDIC).