Answer:
Separation of powers
Explanation:
Separation of powers is a constitutionally backed system whereby the three branches or tiers of government :the executive, legislative and the judiciary are kept separate and given equal powers while being independent of one another so that they work to check and balance the other. It is practiced by the United States Federal system of government.
The proclamation was issued by King George III forbidding the colonialists from settling west of the Appalachian mountain. Through the proclamation, the king hoped to punish the natives who did not side with him during the Seven Years' War. <em>The</em><em> proclamation </em><em>rendered all land concessions given to the Americans by the British government that fought for the crown against the French useless.</em> Although the proclamation remained in force and was still of legal importance in some parts of Canada, it was enforced, as it was expected to do little to discourage the settlement to the west. Several prominent people, including George Washington, did not consider this serious, but as a temporary sentiment paving the way for the American Revolution.
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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