OCC is the regulatory agency that attempts to reduce the risk in the banking sector.
<h3>What is OCC?</h3>
OCC is an abbreviation used for Office of the Comptroller of Currency. It is an independent bureau under the United States Treasury. It makes rules and checks whether the bank a properly following the rules and regulations that are made for proper functioning. It also checks whether the banks are in healthy condition and have proper funds to meet their future requirements.
It keeps checking on the risk that would arise in the banking sector and make rules to reduce the same.
Therefore the correct option is C.
Learn more about OCC here:
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Answer:
0.0197 m
Explanation:
Given that,
Last week, a coral reef grew 19.7 mm taller.
We need to find how much it grow in meters.
We know that,
1 mm = 0.001 m
It means,
19.7 mm = (19.7 × 0.001) m
= 0.0197 m
So, it grows 0.0197 m.