Q.

What is meant by a Scheduled Bank ?

A. A Bank functioning under procision of Banking Regulation Act. 1949
B. A Bank included in 2nd schedule of RBI Act 1934
C. A Bank incorporated under Banking Companies Act. 1956
D. A Bank authorised to do Banking functions
E. None of these
Answer» B. A Bank included in 2nd schedule of RBI Act 1934
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