Federal Reserve Quiz

When was the Federal Reserve System Established?

• 1913

• 1892

• 1990

• 1912

What is the FRS? (Federal Reserve System)

• The Federal reserve system is the biggest bank in the world.

• An ATM

• The federal reserve system is the central bank of the united states.

• The Federal Reserve system is the Bank of America.

What is the primary function of the Federal Reserve System?

• To collect taxes

• To insure bank deposits

• To manage the nation's money supply and monetary policy

• To lend money to consumers

How many Federal Reserve Districts are there in the United States?

• 5

• 12

• 50

• 20

What are the roles and functions?

• Getting money and taking names

• payment processing, bank supervision, monetary policy

• Collecting taxes, cashing checks, and controlling money flow.

• Payment processing, Bank control, Controlling inflation.