A scheduled bank is one

[ A ]    which conforms to the requirements of Schedule III of the Banking Regulation Act, 1949
[ B ]    which has been declared as a scheduled bank by the Government of India
[ C ]    which has deposits exceeding ` 10 crore
[ D ]    which has its name added to the second schedule of the Reserve Bank of India Act, 1934 right
[ E ]    None of the above
Answer : Option D
Explanation :