FDIC Insurance Fundamentals Quiz

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FDIC Insurance Fundamentals: a General level Bank Exam Prep quiz. Test your knowledge with 11 questions!
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Questions

Question 1
What is the standard FDIC insurance amount per depositor per insured bank?
A 50,000
B 500,000
C 250,000
D 100,000
Question 2
What happens to your money if an FDIC-insured bank fails?
A The money disappears
B The government covers up to the limit
C You lose your entire balance
D The bank owners pay you back
Question 3
Are crypto-assets covered by FDIC insurance?
A Only if bought via a teller
B No
C Only up to 10,000
D Yes, always
Question 4
Which institution is NOT covered by FDIC insurance?
A Savings banks
B Retail banks
C Credit unions
D Commercial banks
Question 5
Does FDIC insurance cover checking accounts?
A Only interest-bearing accounts
B Yes
C No
D Only business accounts

📋 This quiz has 11 questions in total.

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