Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q1: Which banks in India are listed under the second schedule of the RBI Act, 1934?

A
Non-Scheduled Banks
B
Cooperative Banks
C
Scheduled Banks
D
Commercial Banks
✅ Correct Answer: C
Scheduled Banks.
Scheduled banks in India are those listed under the second schedule of the RBI Act, 1934.
Understanding this definition is fundamental to studying the Banking Structure in India.