1.

State a difference between Current Deposit Account and Saving Deposit Account.

Answer»

Difference between Saving Account and Current Account:

Saving AccountCurrent Account
1. Savings bank account is opened for non-trading customers with small amounts.1. Current account is generally operated by the business houses.
2. In saving bank account, withdrawals are limited to two or three times in a week.2. In current account, there are no restrictions to limit the number of withdrawals.



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