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Examveda

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.

This Question Belongs to Abbreviations >> Banking Abbreviations

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