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Q.

What is called the The Federal Reserve ?

Tags: money, relationships, education
Asked by anantharaman, 23 Nov '09 08:54 pm
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Answers (7)

 
1.

The Federal Reserve Act is the act of Congress that created the Federal Reserve System, the central banking system of the United States of America, which was signed into law by President Woodrow Wilson.
Answered by anupama kumar, 23 Nov '09 09:01 pm

 
  
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2.

Federal Reserve System is subject to the Administrative Procedure Act. It is not 'owned' by anyone and is 'not a private, profit-making institution'. It describes itself as 'an independent entity' within the government, having both public purposes and private aspects...!
Answered by Dil Se, 23 Nov '09 09:00 pm

 
  
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3.

The central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply
Answered by PARTHA PATHAK, 23 Nov '09 08:58 pm

 
  
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4.

The Federal Reserve is the central bank of the United States. Its unique structure includes

* a federal government agency, the Board of Governors, in Washington, D.C., and
* 12 regional Reserve Banks.
Answered by Sindhu menon, 23 Nov '09 08:57 pm

 
  
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5.

Like spining reserve ?
Answered by vilas manohar deshpande, 23 Nov '09 10:06 pm

 
  
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6.

FED (Federal Reserve ) is the supreme bank of US like RBI in India.Ben Bernanke is the chairman.
Answered by sampad sinharoy, 23 Nov '09 08:59 pm

 
  
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7.

Rbi
Answered by RSehgal, 16 Apr '10 11:28 am

 
  
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