Question

where does the fdics reserve fund come from? a. the fdic has access to federal tax revenue. b. if an insured bank fails, the fdic keeps the money at that bank that is beyond the insured limit. c. a certain amount of money goes directly from the treasury to the fdics reserve fund. d. insured banks pay a premium on the money insured. please select the best answer from the choices provided

Explanation:

The Federal Deposit Insurance Corporation (FDIC) insures deposits in banks. Insured banks pay premiums based on the amount of insured money to the FDIC's reserve fund. This is the main source of the reserve fund. Federal tax revenue is not a direct source. The FDIC does not keep money beyond insured limits when a bank fails as a main - source mechanism, and money does not directly come from the Treasury to the reserve fund as a primary source.

Answer:

D. Insured banks pay a premium on the money insured.