What is the full form of "FRB"?
A. Federal Regional Bank
B. Fiscal Relaxable Basis
C. Federal Reserve Bank
D. Form or Balance Sheet
Answer: Option C
Solution(By Examveda Team)
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.Related Questions on Banking Abbreviations
What is the full form of "UTI"?
A. Unit Trust of India
B. United Tax Information
C. Uniform Tax for India
D. Undivided Individual Tax
What is the full form of "UCB"?
A. Union Cooperative Bank
B. Urban Cooperative Bank
C. United Corporation Bank
D. Unique Conveying Basis Points
What is the full form of "UBD"?
A. Undivided Banking Deposit
B. Unified Banking Deviations
C. Urban Banks Department
D. Urban Business Development
What is the full form of "SCB"?
A. Simple Cash Binding
B. Statistical Business Consortium
C. State Cooperative Bank
D. SMB Cooperative Bank
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