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Which of the following is a common feature of student bank accounts?

medium Q5 of 15
Banking Awareness - Types Of Bank Accounts
Which of the following is a common feature of student bank accounts?
AHigh minimum balance requirement
BZero or low minimum balance
CNo debit card facility
DOnly cash transactions allowed
Step-by-Step Solution
  1. Step 1: Identify student needs.

    Students generally have limited income.
  2. Step 2: Match with account feature.

    Student accounts usually have zero or low balance requirement.
  3. Final Answer:

    Zero or low minimum balance → Option B
  4. Quick Check:

    Low income group = low balance account ✅
Quick Trick: Students = low or zero balance accounts.
Common Mistakes:
MISTAKES
  • Assuming student accounts need high balances.
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