Social Sciences, asked by pavithra35, 8 months ago

mention the difference between saving bank account and current bank account?

Answers

Answered by dshkkooner1122

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.

Answered by AmyHeart

Answer:

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.

Previous Question

Next Question

Similar questions

Geography, 4 months ago

fill in the blanks. the title of the map tells us that it belong to which ------- or -------...

Math, 4 months ago

9-3÷1/3+1 please solve this question...

Math, 4 months ago

Prove : (sin ^2 a/cos^2 a)+(cos^2 a/sin^2 a) = sec^2 a.cosec^2 a - 2 ...

Social Sciences, 8 months ago

u. JUU B. Fill in the blanks. 1. The Eastern Coast and the Western Coast meet at 2. In Kerala, are also known as backwaters. 3. The Lakshadweep Islands have been formed from the deposits of the skeleton of 4. The port of Mumbai is situated on the 5. The Lakshadweep Islands are also known as...

English, 8 months ago

I have dog he is a Labrador he is black in color likes to wags his tail and licks my face when he is happy his name is Morpheus and he loves going for walks and chasing a red ball I take him to school sometimes once he saw a black cat and wanted to chase her too but I didn’t let him is he mad at me I don’t know but I sure hope he isn’t I love my dog very much because he always obeys me and...

English, 11 months ago

1. Identify whether the nouns underlined in the following sentences are countable or uncountable. (a) These chairs are made of wood. (b) There are many forests in our country. (c) He was a famous player in his youth. (d) There was no table in the room. (e) Iron is cheaper than gold. Title...

Math, 11 months ago

convert it into ratio...

Math, 11 months ago

given values UI LIU b) (3p2 - 6p + 5) wher b) (3)3 x 92 x 243-5 =...

mention the difference between saving bank account and current bank account?​

Answers

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.

mention the difference between saving bank account and current bank account?