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The Federal Deposit Insurance Reform Act of 2005 [1] Raised the federal deposit insurance level on retirement accounts from $100,000 to $250,000 [] Raised the

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The Federal Deposit Insurance Reform Act of 2005 [1] Raised the federal deposit insurance level on retirement accounts from $100,000 to $250,000 [] Raised the federal deposit insurance level on all bank accounts from $100,000 to $250,000 [HI] Provided maximum coverage for all noninterest-bearing transaction accounts (IV) Raised the deposit insurance limit for all interest-bearing accounts to $250,000 [V] Merged BIF and SAIF into one insurance fund called the Deposit Insurance Fund 2) II and III 3) III and IV 4) 1 and V 5) None of the above choices is correct Question 30 Which of the following is true concerning the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010? 1) Noninterest-bearing transaction accounts have a deposit insurance limit of $250,000 until 2012 2) Deposit Insurance limit on interest-bearing deposit accounts is raised to $250,000 4) None of the above

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