The main purpose of the federal reserve act of 1913 was to establish an alternative to commercial banks. regulate banks’ mortgage-lending policies. establish a distribution system for currency. oversee and regulate commercial banks.

Τhe correct answer is D)oversee and regulate Commercial Bank

As I know the Federal Reserve - a specially created 23 December 1913 an independent federal agency to carry out the central bank functions and the implementation of centralized control over the the commercial of the United States banking system. The Fed consists of 12 Federal Reserve Banks located in major cities, nearly three thousand commercial so-called member banks, appointed by the President of the Board of Governors, Federal Committee on Open Market and advisory councils.

A establish an alternative to commercial banks.

Explanation:

he main purpose of the Federal Reserve Act of 1913 was to establish an alternative to commercial banks regulate banks mortgage lending policies establish a distribution system for currency oversee and regulate commercial banks

c

explanation:

c

i do not know if this question has options, but a main impact of the federal reserve act of 1913, which created the federal reserve bank, was the international use of the u.s. dollar, which soon became the world's leading currency - particularly during world war i, since many nations around the world asked the united states for money.