Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'National Credit Union Administration'?

A. the instance (FCA), an independent Federal agency that regulates and examines the banks, associations, and related entities of the Farm Credit System (FCS), including the Federal Agricultural Mortgage Corporation (Farmer Mac)
B. the instance, the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States
C. FFIEC, a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Consumer Financial Protection Bureau (CFPB), and to make recommendations to promote uniformity in the supervision of financial institutions
D. the instance (NCUA), the independent federal agency that regulates, charters and supervises federal credit unions

Answer: the instance (NCUA), the independent federal agency that regulates, charters and supervises federal credit unions