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Act which requires that all banks and all institutions that accept deposits from the public make periodic reports to the Federal Reserve System. Starting in September 1981, the Fed charged banks for a range of services that it had provided free in the past, including check clearing, wire transfer of funds and the use of automated clearinghouse facilities.

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Q: What is the Depository institutions deregulation and monetary control act of 1980?
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What is DIDMCA?

It stands for the Depository Institutions Deregulation and Monetary Control Act


This legislation phased out Regulation Q ceilings on deposit interest rates?

The Depository Institutions Deregulation and Monetary Control Act ( DIDMCA) of 1980.


What president started deregulation and in what year.?

The Depository Institutions Deregulation and Monetary Control Act of 1980, signed into law by President Jimmy Carter, was the first major reform of the U.S. banking system since the Great Depression.


What is in 1980 the Depository Institutions Deregulation and Monetary Control Act loosened many governmental controls including the elimination of interest-rate?

ceilings on savings and time deposits.


What were some of the industries that were deregulated in the last half of the 20th century?

including the airlines (Airline Deregulation Act of 1978), natural gas (Natural Gas Policy Act of 1978), trucking (Motor Carrier Act of 1980), and banking (Depository Institutions Deregulation and Monetary Control Act of 1980).


What has the author Robert R Dince written?

Robert R. Dince has written: 'The Depository Institutions & Monetary Control Act of 1980' -- subject(s): Banking law, Credit control, Law and legislation, Savings banks, Usury laws


What marketplace weakens government control?

Deregulation :)


What is deregulation in commission?

commission deregulation is the fees that sells person get after selling financial product to client but they dont have control over that commission


What are the tools and techniques used by RBI for monetary control?

techniques of monetary control of rbi


What terms means the reduction of government control over business and other activities?

Deregulation of business refers to a reduction of government. With more control over, government has less involvement in businesses, which is why it is considered to be a smaller government.


What removal of some government control over a market is called?

It's called Deregulation


What do you think of the effects of deregulation on electric services?

The effects of deregulation on electric services include less control of how much electricity companies can charge for their services. You can read more at www.encyclopedia.com/doc/1P2-614885.html