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What is the full form of "SCB"?

A. Statistical Business Consortium

B. Scheduled Commercial Bank

C. Statistical Conversion Board

D. Standard Board of Counselling

Answer: Option B

Solution(By Examveda Team)

Scheduled Commercial Bank(SCB) means a Scheduled Bank as listed in the Second Schedule of the Reserve Bank of India Act, 1934, excluding those listed under the headings of Gramin Banks, Urban Co-operative Banks and State Cooperative Banks.

This Question Belongs to Abbreviations >> Banking Abbreviations

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