What is a bank account?

https://www.investopedia.com/terms/c/checkingaccount.asp

What is money?

https://www.investopedia.com/terms/m/money.asp

What is currency?

https://www.investopedia.com/terms/c/currency.asp

How does the monetary system work?

https://youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc

Which banks are popular to open accounts?

SBI: https://www.onlinesbi.com/

HDFC Bank: https://www.hdfcbank.com/

Are my deposits safe with the bank?

As per DICGC rules, each depositor in a bank is insured up to 5 lakh rupees for both the principal and interest amount on deposits held by him/her in that particular bank. This includes all deposits held by a person in the current account, savings account, fixed deposits, and so on.

What is an emergency fund?

https://www.investopedia.com/terms/e/emergency_fund.asp

Where to park my emergency fund?

In the bank account.

Next Step: Insure your salary