Banks are regulated in order to do all of the following EXCEPT.
A) achieve desired social goals
B) achieve concentration of banks
C) prevent monopoly
D) prevent banking market failure

Question

Quizplus · Accepted Answer

Banks are regulated to achieve social goals, prevent monopolies, and avoid market failures, but not to achieve concentration of banks. Concentration of banks could lead to less competition, which is contrary to the objective of preventing monopolies.

Banks Are Regulated in Order to Do All of the Following