Economics · Banking
A Scheduled Bank in India is defined as a bank that is included in the:
- 1Second Schedule of the Reserve Bank of India Act, 1934✓
- 2Second Schedule of the Banking Regulation Act, 1949
- 3First Schedule of the Reserve Bank of India Act, 1934
- 4First Schedule of the Banking Regulation Act, 1949
Correct answer
Second Schedule of the Reserve Bank of India Act, 1934
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