This year’s Fed360® issues have covered a wide array of Fed Facts. If you missed some of our articles, it’s not too late to catch up! You can find all of this year’s past Fed Facts articles in the Article Archives. Let’s see what you have learned with our 2018 Fed Facts final exam.

  1. In January, we shared the Board of Governors nomination process in the article “How is the Fed chair nominated?" Who is the current Fed chair?
    1. Janet L. Yellen
    2. Richard H. Clarida
    3. Jerome H. Powell
  2. February’s article, “Do you know the answers to these FAQs?" dispelled some common misconceptions about the Fed. Which of the following is not one of the responsibilities of the Federal Reserve System?
    1. Supervising and regulating banks and other important financial institutions
    2. Printing cash and engraving coin
    3. Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
  3. We featured Fed tours and exhibits across the country in our March article, “As you travel, factor in a visit to a Fed museum.” At which Federal Reserve Bank can you tour a gold vault?
    1. Federal Reserve Bank of New York
    2. Federal Reserve Bank of San Francisco
    3. Federal Reserve Bank of Richmond
  4. In April, our article “Selecting the 12 Reserve Bank cities” covered the work that went into choosing the homes of the Reserve Banks in April 1914. How many cities applied to have Reserve Banks?
    1. 25
    2. 37
    3. 42
  5. May’s article, “Travel back in time with these historical photos,” took readers on a visual journey back to the early days of the Fed. In 1982, the Federal Reserve Building in Washington D.C. was renamed after which former Fed chair?
    1. Thomas B. McCabe
    2. Marriner S. Eccles
    3. Arthur F. Burns
  6. We provided a sampling of articles from across the Federal Reserve System in our June article, “Keep up to date with Fed publications.” How many of the 12 Reserve Banks produce their own publications?
    1. 10
    2. 11
    3. 12
  7. In July, our article “What’s that symbol? Four Federal Reserve note identifiers” explained some of the key features and symbols commonly found on Federal Reserve notes. Which two note denominations feature a seal representing one of the 12 Reserve Banks to the left of the portrait?
    1. $1 and $2
    2. $5 and $10
    3. $20 and $50
  8. August’s article, “Strength in numbers – The people behind the Strategies for Improving the U.S. Payment System,” provided a glimpse at the number of payment industry stakeholders who have contributed to shaping the future of payments. At the time of publication, how many FedPayments Improvement Community participants were there?
    1. 500+
    2. 2,000+
    3. 4,000+
  9. We celebrated National Preparedness Month with our September article, “Learn about early savings bond redemptions during natural disasters.” On which FRBservices.org page can you find notices when the U.S. Treasury's Bureau of the Fiscal Service is authorizing early savings bond redemptions for a specific geographic area?
    1. Savings Bonds News You Can Use
    2. Communications
    3. Service Status
  10. In October, we highlighted a few cybersecurity tips from the U.S. Department of Homeland Security in our article “Five tips for National Cyber Security Awareness Month.” Which of the following was not one of the tips we shared?
    1. Connect to any public wireless hotspot
    2. Avoid oversharing online
    3. Protect your password
  11. November’s article, “November 16 marks the anniversary of the Federal Reserve Banks’ opening day,” looked back on a key date in Fed history. Who was the secretary of the U.S. Department of the Treasury on the Federal Reserve Banks’ opening day?
    1. William G. McAdoo
    2. David F. Houston
    3. John Skelton Williams

Thank you for taking our final exam! You can check your responses using the answer key below. Stay tuned to Fed360 for more Fed Facts in 2019!

Answer Key: 1. C; 2. B; 3. A; 4. B; 5. B; 6. C; 7. A; 8. C; 9. B; 10. A; 11. A