Ok maybe this sound dumb but there's many English terms I am not used too. I do not know what is the difference actually and what they stand for in common language.
On ICICI, we can find these 2 offers for 1 year placement, what is the difference?
1 Year 4.65%
1 Year 4.10%
And what is the difference between these 2 savings accounts?
HiSAVE Savings Account
RSP Savings Account
From what I know (I don't have an RSP... yet), an RSP GIC is a GIC within a Retirement Savings Plan (RSP) and an RSP Savings Account is a savings account within the RSP. The main advantage of an RSP is that you defer tax on your income. Wikipedia goes over an RSP / RRSP quite well: