The main purpose of the federal reserve act of 1913 was to
a)establish an alternative to commercial bank
b)regulate bank mortgages lending policies
c)establish a distribution system for currency
d)oversee and regulate commercial bank

C.) Establish a distribution system for currency

The Federal Reserve Act of 1913 was made to establish a national currency and a system that could help the banking system to make a stable financial system. This Act also helps with the financial services like check clearing etc.

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.

b

explanation:

the answer is a new goverment.