BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Partly true
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None of these
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Detailed explanation-1: -Scheduled banks are those banks that are included in the second schedule of the RBI Act, 1934, while the non-scheduled banks are not listed in the second schedule of the RBI Act, 1934. On the basis of ownership, the banks are further divided into–Private Sector Banks, Public Sector Banks, and Foreign Banks.
Detailed explanation-2: -Scheduled Commercial Banks can be divided into: Scheduled Commercial Public Sector Banks. SBI and its associates. Scheduled Commercial Private Sector Banks.
Detailed explanation-3: -As per the latest data released by the RBI, the following are the number of scheduled banks in our country: Scheduled Public Sector Banks – 12. Scheduled Private Sector Banks – 22. Scheduled Small Finance Banks – 11.