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Commerce · Q392

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 392

Q392

A bank is called as a Scheduled Bank when

A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
Answer
D.
When it complies with all the three above

Answer: Option C

Solution

Answer: Option C
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