1.Which of the following is a main deregulatory provision of Depository Institutions Deregulation and Monetary Control Act of 1980?

a. Eliminate/phase-out of deposit interest rate ceilings; b. allowance of insurance policies to be sold by all depository institutions; c. new lending flexibility for depository institutions in the area of stocks; d. elimination of all interstate banking by any depository institutions.

2.Insufficient cash, either primary or secondary, to offset sudden unanticipated demand for funds/withdrawals is referred to as ____________ risk.

a. sovereign b. liquidity c. insolvency d. credit