question_answer

Consider the following statements:

1. In Indian Commercial Banking System, the number of the Non-scheduled Bank is more than the Scheduled Banks.

2. The Non-scheduled Banks in Indian Commercial Banking Systems are even less than a dozen in number.

Which of the statements given above is/are correct?

A)  Only 1

B)  Only 2

C)  Both 1 and 2    

D)  Neither 1 nor 2

E)  Can't say