Banking Awareness - Types Of Bank Accounts
Which of the following benefits is common to both Salary Account and BSBDA?
Which of the following benefits is common to both Salary Account and BSBDA?
medium Q6 of 15
Step-by-Step Solution
Step 1: Compare common features.
Both accounts are designed to be low-balance friendly.Step 2: Identify shared benefit.
Both allow zero minimum balance.Final Answer:
Zero minimum balance → Option BQuick Check:
No minimum balance required = common feature ✅
Quick Trick: Zero balance links Salary Account and BSBDA.
Common Mistakes:
- Assuming overdraft applies to BSBDA.
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