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Question

A Scheduled Bank is included in the

A I Schedule of Banking Regulation Act Correct Answer Incorrect Answer
B II Schedule of Banking Regulation Act Correct Answer Incorrect Answer
C I Schedule of Reserve Bank of India Act Correct Answer Incorrect Answer
D II Schedule of Reserve Bank of India Act Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Scheduled Banks in India refer to those banks which have been included in the Second Schedule of Reserve Bank of India Act, 1934.

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