In context with the Current Account, consider the following statements:
1. It is used for commercial purposes
2. It attracts no rate of interest
3. The banks generally charge a maintenance on such accounts
4. There are no limits of transactions
Which among the above statements is / are correct?

Answer: [D] 1, 2, 3 & 4

This question is a part of GKToday's Integrated IAS General Studies Module