Consider the following statements:1. Scheduled Commercial Banks are thosewhich have been included in the FirstScheduled of RBI Act, 1934.
2. Non-scheduled Commercial Banks arethose which have been included in theSecond Scheduled of RBI act, 1934.
Which of the statements given above is/arecorrect?



[ A ]    Only 1
[ B ]    Only 2 right
[ C ]    Both 1 and 2
[ D ]    Neither 1 nor 2
[ E ]    Can't say
Answer : Option B
Explanation :
500
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