Economics · Money and Banking
In India, scheduled commercial banks are those banks that are included in the:
- 1First Schedule of the Constitution of India
- 2Second Schedule of the Banking Regulation Act, 1949
- 3Third Schedule of the Reserve Bank of India Act, 1934
- 4Second Schedule of the Reserve Bank of India Act, 1934✓
Correct answer
Second Schedule of the Reserve Bank of India Act, 1934
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