Question

what is the fdic? what does it do for you as a consumer? federal deposit insurance corporation; protects your deposits up to a certain limit financial data and information center; regulates interest rates federal depository insurance committee; guarantees high - interest rates financial documentation and information control; audits banks financial records

Explanation:

The Federal Deposit Insurance Corporation (FDIC) is an agency that insures bank deposits up to a certain limit to protect consumers in case of bank - failures. It does not regulate interest rates, guarantee high - interest rates, or audit banks' financial records in the ways described in the other options.

Answer:

1. Federal Deposit Insurance Corporation; protects your deposits up to a certain limit