Banking Awareness - Types Of Bank Accounts
Which of the following is NOT a usual feature of a current account?
Which of the following is NOT a usual feature of a current account?
medium Q8 of 15
Step-by-Step Solution
Step 1: List current account features.
Business use, overdraft, and frequent transactions.Step 2: Identify the exception.
Interest on deposits is not offered.Final Answer:
Interest on deposits → Option CQuick Check:
No interest = Current Account feature ✅
Quick Trick: Interest never belongs to current accounts.
Common Mistakes:
MISTAKES- Assuming interest applies to all accounts.
Master "Types Of Bank Accounts" in Banking Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Banking Awareness Quizzes