Question

Distinguish between Scheduled and non-scheduled commercial banks.

Answer 1

Scheduled Banks	Non-Scheduled Banks
These banks are those which are included in second schedule of RBI Act 1934.	These are the banks which are not included in the second schedule of RBI Act 1934.
The paid up capital and reserve fund is more than Rs.5,00,000.	The paid up capital and reserve fund is less than Rs.5,00,000.