Consider the following statements
1. Scheduled Commercial Banks are those which have been included in the First Scheduled of RBI Act, 1934.
2. Non scheduled Commercial Banks are those which have been included in the Second Scheduled of RBI Act,1934.
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

Correct answer:
D) Neither 1 nor 2


Please provide the error details in above question

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