The FDIC (Federal Deposit Insurance Corporation) is a national agency

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English Language Proficiency Tests, Advanced Level

ESL/EFL Test #578 "Real Life: Banking (3)", question 5

The FDIC (Federal Deposit Insurance Corporation) is national agency in North America that ......... funds in participating banks for up to $100,000.

(a) insures
(b) rolls
(c) withdraws
(d) spends

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #578 "Real Life: Banking (3)", answer 5

The FDIC (Federal Deposit Insurance Corporation) is national agency in North America that insures funds in participating banks for up to $100,000.

Correct answer: (a) insures

Your answer was: correct
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Hi,

By the way, shouldn't it be "a national agency", isn't the article missing?

Thanks!
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yes
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