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

Q11: What is the primary classification of scheduled banks in India?

A
Cooperative and Public Sector Banks
B
Commercial and Cooperative Banks
C
Nationalized and Private Sector Banks
D
State Bank and Foreign Banks
✅ Correct Answer: B
Commercial and Cooperative Banks.
Scheduled banks in India are further classified into commercial and cooperative banks, forming the two main branches of the Banking Structure in India.