Scheduled bank is a bank which is

Check All Courses

Question

Scheduled bank is a bank which is

Options:

A . Not Nationalised

B . Nationalised

C . Based in foreign Country

D . Included in the second schedule of RBI

Answer: Option D
Answer: (d)
A scheduled bank, in India, refers to a bank that is listed in the 2ndSchedule of the Reserve Bank of India Act, 1934.
Banks not under this Schedule are called non-scheduled banks. Scheduled banks are usually private, foreign, and nationalized banks operating in India.

Was this answer helpful ?

Next Question

Submit Comment/FeedBack

More Questions on This Topic :

Question 1. One of the reasons for India’s occupational structure remaining more or less the same over the years has been that : i....economic developmentFind out the correct option from the code :

Question 2. Which one of the following is not included while estimating national income through income method? ....

Question 3. “Himayat” is a training cumplacement programme for unemployed youth in the State of ....

Question 4. The type of note issue system followed in India is : ....

Question 5. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits....

Question 6. Fiscal deficit in the Union Budget means : the difference between current expenditure and current revenue net increa....and budgetary deficit Choose the correct option from the code :

Question 7. National income refers to ....

Question 8. RBI does not transact the buiness of which of the following state governmets ? ....

Question 9. When was the Minimum Wages Act enacted in India ? ....

Question 10. Which of the following controls the insurance business of India?....

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024