Advertisements
Advertisements
प्रश्न
Distinguish between saving account and current account.
Give one difference between savings account and current account.
State any one difference between savings account and current account.
Advertisements
उत्तर
| Savings Account | Current Account |
| Interest rates are lower than fixed deposit accounts, but greater than current accounts. | This account cannot earn interest due to high operating costs. |
Notes
Students should refer to the answer according to their questions.
APPEARS IN
संबंधित प्रश्न
Distinguish between the following:
Current account & Recurring deposit account
Explain the types of banks?
Choose the Correct Answer.
Which bank is not an Industrial Bank?
What are Foreign Banks?
Write a short note on Local Area Banks, Give two examples.
What is a Central Bank?
Which of the following is a Commercial Bank?
The ______ of a country serves as the leader of the banking system and the money market.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
Central bank is owned by the ____ while commercial bank is owned by ______.
Name the largest commercial bank of India.
“The central bank is a banker’s bank.” Explain.
Give two agency functions of commercial banks.
Explain main functions of commercial bank.
What is a Banker’s Cheque?
The ______ of a country serves as the leader of the banking system and the money market.
How do exchange banks help in financing foreign trade?
Why was EXIM Bank set up in India?
Which type of bank provides only basic banking services and is not allowed to give loans?
