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    				| 1. | 
                                    Discuss any five advantages of having a bank account. | 
                            
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Answer»  Some advantages of having a bank account are : (i) Money is safer (ii) Money earns interest (iii) It Inculcates the habit of savings/mobilizes savings (iv) It helps in safe transactions through cheques (v) It provides facilities of overdraft, discounting bills of exchange, ECS, etc  | 
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