Question

question 19
3.5 pts
which banks are required to become members of the federal reserve system?
google translate
all state banks
every bank in the united states
all national banks
all twelve district banks

Explanation:

To determine which banks must be Federal Reserve members, recall U.S. banking regulations: National banks (chartered by the Office of the Comptroller of the Currency) are required to join the Federal Reserve System. State banks can choose, not all U.S. banks are required (state banks may opt out), and district banks are part of the Fed, not members joining.

Answer:

C. all national banks