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The government agency that covers customer deposits if a bank fails is the Federal Deposit Insurance Corporation (FDIC). It is <span>an independent agency of the </span>federal<span> government responsible for insuring </span>deposits<span> made by individuals and companies in banks and other thrift institutions.</span>
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Answer:
The Vice President of India is the ex-officio Chairman of Rajya Sabha.
The Deputy Chairman presides over its meeting in the absence of the chairman.
Explanation:
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It is important to use standard weights and measures because everyone can understand what you are talking about when you use and form of measurement, be it pounds, kilograms, inches, or centimeters.