Module: General Practice
Q3: How many non-scheduled banks are currently in operation in India?
✅ Correct Answer: B
Four.
India has four non-scheduled banks in operation: Akhand Anand Cooperative Bank Ltd, Alavi Co-Operative Bank Limited, Amarnath Cooperative Bank Ltd, and Amod Nagrik Sahakari Bank Limited.
These entities are distinct from Scheduled Commercial Banks but remain part of the overall Banking Structure in India.
India has four non-scheduled banks in operation: Akhand Anand Cooperative Bank Ltd, Alavi Co-Operative Bank Limited, Amarnath Cooperative Bank Ltd, and Amod Nagrik Sahakari Bank Limited.
These entities are distinct from Scheduled Commercial Banks but remain part of the overall Banking Structure in India.