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Consider the following statements:1. Scheduled Commercial Banks are those which havebeen included in the First Scheduled of RBI Act - 1934.2. Non-scheduled Commercial Banks are those whichhave been included in the Second Scheduled of RBI act - 1934. Which of the statements given above is/are correct?

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Consider the following statements:1. Scheduled Commercial Banks are those which havebeen included in the First Scheduled of RBI Act - 1934.2. Non-scheduled Commercial Banks are those whichhave been included in the Second Scheduled of RBI act - 1934. Which of the statements given above is/are correct?






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