Q1 Which banks in India are listed under the second schedule of the RBI Act, 1934? Q2 What are the two conditions Under section 42 (6) (a) of the RBI Act, a bank must satisfy to be considered a Scheduled Bank? Q3 How many non-scheduled banks are currently in operation in India? Q4 Which act defines the banks that are not included in the Reserve Bank of India (RBI) Act, 1934, and are thus considered Non-Scheduled Banks? Q5 What is the minimum paid reserve capital required for a bank to be considered a Scheduled Bank in India? Q6 What is the significance of being a Scheduled Bank in relation to the RBI Act, 1934? Q7 Which banks are not eligible for loans from RBI for their day-to-day general requirements? Q8 Under what circumstances can Non-Scheduled Banks be granted loans from the Reserve Bank of India? Q9 Which section of the Banking Regulation Act, 1949, defines the banks that are not included in the RBI Act, 1934? Q10 What is the primary criterion for a bank to be classified as a Non-Scheduled Bank in India? Q11 What is the primary classification of scheduled banks in India? Q12 Why is the State Bank of India recognized as a separate category of Scheduled Commercial Banks (SCBs)? Q13 Which group in India includes Nationalized banks and the State Bank of India? Q14 What characterizes private sector banks in India? Q15 How are foreign banks present in India? Q16 Which of the following types of banks has the majority of its share capital owned by the Government of India? Q17 Which of the following factors typically does NOT influence the classification of a bank as Public Sector, Private Sector, or Foreign? Q18 When were Regional Rural Banks (RRBs) established in India, and what is their primary objective? Q19 What is the area of operation of Regional Rural Banks (RRBs) in India? Q20 Who are the joint owners of Regional Rural Banks (RRBs) in India? Q21 In what proportion is the issued capital of a Regional Rural Bank (RRB) shared among its owners? Q22 Which bank holds the distinction of being the first Regional Rural Bank in India? Q23 What distinguishes co-operative banks in terms of ownership and membership? Q24 How are co-operative banks often established in terms of community or interest? Q25 What is a characteristic feature of the banking products provided by co-operative banks? Q26 In which sector do co-operative banks primarily function as financiers? Q27 What principle do co-operative banks follow in their functioning?