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

Question options: (OPTION 2 IS WRONG)

1)

I and II

2)	II and III (WRONG)

3)	III and IV

4)

1 and V

5)	None of the above choices is correct