Which Schedule in the Reserve bank of India Act, 1934 governs the Scheduled Banks?
Which Schedule in the Reserve bank of India Act, 1934 governs the Scheduled Banks?
1). First
2). Second
3). Third
4). Fourth
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- Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934.
- Scheduled banks include all the commercial banks like:
- Nationalised
- Foreign
- Development
- Co-operative and
- Regional rural banks.
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