Which of the following was not included in the Federal Deposit Insurance Corporation Improvement Act of 1991.
A) a directive to the FDIC to implement risk based deposit insurance premiums
B) phased out of "too bid to fail"
C) sharp reductions in the lending powers of thrifts
D) prompt corrective action for troubled depository institutions.

Question

Quizplus · Accepted Answer

The Federal Deposit Insurance Corporation Improvement Act of 1991 did not include sharp reductions in the lending powers of thrifts. This act primarily focused on enhancing the FDIC's ability to manage failing banks and protect the deposit insurance fund, including measures like risk-based insurance premiums, phasing out the "too big to fail" policy, and implementing prompt corrective action for troubled institutions.

Which of the Following Was Not Included in the Federal