Question

Which of the following Statements is not correct regarding the ‘Banking Sector’ of India?
[A]At present there are 26 Nationalized Banks in India.
[B]Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks.
[C]Banks have the freedom to regulate their own Savings Bank Deposit interest rates.
[D]Narsimham Committee is related to Banking Sector reforms.

Answer 1

I think Option. B is the correct option