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. What is a Scheduled bank?
(1) A bank having Rs. 1,000 crore deposits
(2) A bank included in the second schedule of the RBI act
(3) A bank having Rs. 100 crore deposits
(4) None
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Answer Posted / manohar
Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934.
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