How the current account in bank is different from the saving account?
1. While current accounts usually earn no interests, Savings accounts earn interests on deposits
2. While current accounts deposits are usually demand deposits, saving account deposits are time deposits
3. While current accounts have overdraft facility, saving accounts generally have no overdraft facility
Choose the correct option from the codes given below:

Answer: [A] 1 & 3

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