1.

Consider the following statements. I. Scheduled Commercial Banks are those which have been included in the First Scheduled of RBI Act, 1934. II. Non-Scheduled Commercial Banks are those which have been included in the Second Scheduled of RBI Act, 1934. Which of the statement(s) given above is/are correct?

A.  Only I            
B.  Only II
C.  Both I and II                
D.  Neither I nor II
E.  Can't say
Answer» C.  Both I and II                


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