what is the difference between saving a/c and current a/c.?
Answer Posted / priyank kaushik
An account maintained by a customer with a depository
institution for the purpose of accumulating funds over a
period of time. Funds deposited in a savings account may be
withdrawn only by the account owner or a duly authorized
agent, or on the owner's nontransferable order. The account
may be owned by one or more persons.
Current A/c:- is an account for the commercial / business
segment users. It provide the facility of high monthly
transaction without any additional cost. It also provide
check book facility. Can be opened with an initial deposit
of Rs. 5000.
Is This Answer Correct ? | 38 Yes | 6 No |
Post New Answer View All Answers
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
What is the Technology used to carry out trades?
what is ledger account
Hi all i did my M.B.A financ enw iam doing a job as a finance executive but i feel it is not good 4 me can any 1 plz guide me 4 the better career my job profile is (INVOICING)hw it is help me out 4 the better career shell i continu ein the same 1 by learning sap or oracle or shall i shift to any other if any other which job is suites to me plz suggest me
Name some errors which can be detected by Trial Balance
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
why should we are preparing BRS
Expand-------IETF
what is crisil?what is the advantage of crisil rating?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?
what is general HR?
what is the main link between the income statement and the balance sheet?
What is Hot Issue Income for Hedge Funds?