In bowl stir together flour, sugar, baking powder, salt and nutmeg. Combine egg, milk, 1 tablespoon oil and vanilla; stir into dry ingredients until smooth. In wok heat 2 inches oil to 375 degrees. Dip banana pieces into batter; fry a few at a time in hot oil for 2 to 3 minutes or until golden. Drain on paper toweling. Serve with hot fudge sauce or maple syrup or sprinkle with powdered sugar. Makes 4 servings. Pineapple Fritters; Substitute 1 (15 1/2 ounce) can pineapple slices, well drained and halved, for the bananas in recipe. Apple Fritters: Peel and core 3 large apples; cut into 1/2-inch slices. Substitute for bananas in recipe. Strawberries Fritters: Hull 18 large strawberries; substitute for bananas in recipe.