What is the full form of "FDIC"?
A. Finance Direct Investment Commitee
B. Fixed Deposite Interest Cost
C. Finance Development International commitee
D. Federal Deposit Insurance Corporation
Answer: Option D
Solution(By Examveda Team)
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receivership.This Question Belongs to Abbreviations >> Finance Abbreviations
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