Question

(a) Rahul and Lakshay are friends. Rahul is a businessman who deals in buying and selling computer parts whereas Lakshay is working as a manager in ICICI bank. Rahul deals with lot of customers daily and receives money from them as his transactions are mostly on cash basis. He also deals with different suppliers and has to make frequent payments to them. As it becomes difficult for him to manage cash daily, his friend Lakshay advised him to open a Bank account in ICICI Bank. Name and explain the type of Bank account which will be opened by Rahul in ICICI Bank.

Answer 1

Answer:

current account will be opened by Rahul in ICICI bank