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Which of the following serves as the central banker for private banks in the United States?
Question 25 options:

A)

The Federal Open Market Committee.

B)

The 12 Federal Reserve banks.

C)

The legislative branch of the government.

D)

Respuesta :

The 12 Federal Reserve banks of the following serves as the central banker for private banks in the United States. Thus, option (b) is correct.

What is banks?

The term Bank refers to a financial institution that deals with money. For the aim of saving and investing, the individual deposits money into a personal account. Additionally, banks can offer loans and ATM services. There are two different kinds of banks, such as public and private ones.

According to the Federal Reserve, the United States' banking system, the country has a secure, adaptable, and strong monetary and financial system. The Federal Reserve System, also known as the Federal Reserve or simply "the Fed," is the central bank of The United.

Therefore, option (b) is correct.

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