Question

7. The members of the Board of Governors are a. appointed by the Senate. b. elected...

7. The members of the Board of Governors are

a.

appointed by the Senate.

b.

elected by the Federal Open Market Committee.

c.

appointed by the President of the United States.

d.

elected by the member banks.

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Answer #1

Answer- The Correct answer is C) Appointed by the President of United states.

The Members of Board of Governers are appointed by the president of united states and Confirmed by the Senate. Hence the Correct answer is the appointment is done by president of united states.

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