ICSE Class X Commercial Applications 2019 Solved Papers

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Question : 13
Total: 35
Explain two advantages of opening a bank account.
Solution:  
Two advantages of Opening a bank account are :
(i) Safety of Money : There is always a risk in keeping cash at home. The savings deposited in a bank account remain safe and free from risk.
(ii) Habit of saving : It increase the habit of saving in the general public.
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