What is / are the function(s) of a Current Account?

Mainly for traders

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No restrictions on deposit or withdrawal of cash per day.

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Bank pays higher interest on these account.

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Interest is credited on the daily basis

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Solution

The correct options are
A Mainly for traders
B No restrictions on deposit or withdrawal of cash per day.
Current account is only for traders which does not have any restrictions on number of transactions(deposit or withdrawl of cash) per day.

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