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Scheduled Banks in India refer to those banks which have been included in the________?

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Scheduled Banks in India refer to those banks which have been included in the________?


1). Second Schedule of Reserve Bank of India Act, 1934.
2). First Schedule of Reserve Bank of India Act, 1934.
3). Second Schedule of Reserve Bank of India Act, 1935.
4). First Schedule of Reserve Bank of India Act, 1935.


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Scheduled Banks in India refer to those banks which have been included in the Second Schedule of Reserve Bank of India Act, 1934. Banks not under this Schedule are called Non-Scheduled Banks.

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