Banking General Awareness Financial Institutions in India Question Bank Financial Institutions in India

  • question_answer
    A scheduled bank is one

    A)  which conforms to the requirements of Schedule III of the Banking Regulation Act,1949

    B)  which has been declared as a scheduled bank by the Government of India

    C)  which has deposits exceeding Rs. 10 crore

    D)  which has its name added to the second schedule of the Reserve Bank of India Act, 1934

    E)  None of the above

    Correct Answer: D


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