CSEC Principles of Business · January 2016 · Paper 2 · Question 5(b)
Differentiate between a 'current account' and an 'ordinary savings account'.
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Practise this questionOther parts of this question
- 5(a)(i)List THREE services offered by commercial banks.[3 marks]
- 5(a)(ii)List THREE services offered by central banks.[3 marks]
- 5(c)Outline TWO ways in which technology has influenced banking and commerce.[4 marks]
- 5(d)Explain TWO ways in which a central bank regulates the activities of commercial banks.[6 marks]
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