examples of saving account and current account
Answers
Step-by-step explanation:
Q4 Read the following passage and answer the questions given below it : (4m)
As parents, we must consider this fact and decide our response to their sharing. Sometimes
negative response and preaching discourage children to share. However, children must read the
intention of parents. Habit of not sharing may lead them to serious problems. Therefore,
irrespective of their parents' response, children should start sharing whatever they can.
Sometimes sharing even a trifle issue will ease your tension. Make it a habit to share what you
learnt at school, what interesting happened in class of your favourite subject.
questions :
( 1 ) Why do children not share anything with their parents ?
( 2 ) What should children do even if they do not like the advice of their parents ?
( 3 ) Why should children start sharing with their parents ?L
( 4 ) What should children share
Answer:
In this account, there is a fixed interest earned on that you deposit. The minimum balance in savings account is lesser compared to current account.
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Difference between a Savings Account and a Current Account.
Current AccountSavings AccountNormally used forUsed for paying bills and business transactionsUsed for salary accountsSuitable forBusiness PeopleIndividuals