Economics · Banking in India
A Scheduled Bank in India is one which is included in the:
- 1Second Schedule of the Banking Regulation Act, 1949
- 2Second Schedule of the Constitution of India
- 3Second Schedule of the Reserve Bank of India Act, 1934✓
- 4First Schedule of the Companies Act, 2013
Correct answer
Second Schedule of the Reserve Bank of India Act, 1934
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