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Standard X
Economics
Opening a Bank Account
List down any...
Question
List down any four features of a current account.
(4 Marks)
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Solution
Features of a current account:
1. It is introduced for business purposes.
2. There are no restrictions on number and amount of withdrawals.
3. No interest is given by bank.
4. Money can also be deposited and withdrawn by cheque or card.
(4 Marks)
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