What is the purpose of the federal deposit insurance corporation (fdic)? to make sure that banks do not fail to make sure that banks charge a fair amount of interest on loans to make sure that customers do not lose money if a bank fails to make sure that the government has enough gold to cover its expenses

The purpose of the Federal Deposit Insurance Corporation (FDIC) is to make sure that customers do not lose money if a bank fails. Option C is correct.

The objective of the Federal Deposit Insurance Corporation (FDIC) is to provide stability to U.S. banks and depositors in order to prevent a banking panic.  The FDIC pledges that if a bank shuts down, depositors will still be paid, so that people will not be concern that their money will disappear.

"act of congress" : ) hope this