define current and seving account
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A savings account is a deposit account which allows limited transactions, while a Current Account is meant for daily transactions.
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Current is a flow of electrical charge carriers, usually electrons or electron-deficient atoms. The common symbol for current is the uppercase letter I. ... In an alternating current(AC), the flow of charge carriers reverses direction periodically.
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While a Savings Account is one wherein you deposit your savings with the bank and earn interest on the same, a current account is one where you deposit money to carry out business transactions.
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