Which among the following is NOT a must condition for a Scheduled Commercial Bank in India?

[A] It should be in the second schedule of RBI act 1934
[B] Its Paid Up Capital should be at least Rs. 1 Crore
[C] It must deposit with RBI as per the CRR
[D] It must have facilities of a clearing house

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This question is part of UPSC Prelims Practice and Mock Tests membership programme.

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