what is different b/w current a/c and savings a/c?



what is different b/w current a/c and savings a/c?..

Answer / amir khan

You have limit for withdrawing the money in saving account. You also get interest for deposited money. Generally people have saving account.

Whereas in current account there is no limit for transactions usually businessmen have current account, sometimes banks also charge the amount for the services.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

how there face in lvbank interview

0 Answers  


expand N R I

6 Answers  


what is the meaning of prepaid insurance and outstanding salary? please explain with example.

2 Answers  


Expand ________EDT

2 Answers  


what happens to each of the three primary financial statements when gross margin decreases?

0 Answers  






when you pay to the same vendor, same amount and same time, what is it called?

2 Answers  


How can i do the entry of of service tax in tally.

0 Answers  


What is Quick Book ?

2 Answers   SVT,


What is the working formula for Inventory turnover

0 Answers   Genpact,


EXPAND___________MITI

1 Answers  


what are accounting principles

8 Answers   Accenture,


going concern concepts

2 Answers  


Categories