What is the role of the Federal Deposit Insurance Corporation (FDIC)? *
a. To monitor the investments of banks.
b. To provide social insurance for the elderly.
c. To insure bank depositors against bank collapse.
d. All of the above.
The primary role of the Federal Deposit Insurance Corporation (FDIC) is "c. To insure bank depositors against bank collapse," since this instills a sense of confidence in the banking industry.
