ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The Eleventh Federal Reserve District consists of Texas, northern Louisiana and southern New Mexico. (See map of district.) Each office of the Dallas Fed serves specific counties in the district.

Detailed explanation-2: -Serving the public The Federal Reserve Bank of Dallas is part of the Federal Reserve System, the central bank of the United States. The Fed has a public mission: We serve the American people by promoting a strong financial system and a healthy economy for all.

Detailed explanation-3: -Federal Reserve Banks Branch Banks at El Paso, Houston, and San Antonio, Texas. Covers the state of Texas; 26 parishes in northern Louisiana; and 18 counties in southern New Mexico.

Detailed explanation-4: -The Federal Reserve Bank of Dallas is one of a dozen institutions nationwide whose responsibility is implementing the monetary policy of the Federal Reserve System. Its responsibilities include reviewing price inflation and charting economic growth, as well as regulating the banks within its territory.