ICSE Class 10 Commerce 2018 Solved Papers

SECTION - I

Distinguish between :

Question : 4 of 31

Marks: +1, -0

Savings Account and Current Account

Solution:

Savings Account	Current Account
(i) A resonable rate of interest is allowed on credit balance.	No interest is allowed on this account.
(ii) Restrictions on number of withdrawls.	No restrictions on number of withdrawls.

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