What is the difference in Favourites, Bookmarks & Reading List on  Safari?

Greetings AchyutChaudhary, 

We understand you have some questions about features of Safari. 

Bookmarks are saving a link that you want to revisit or may visit frequently. Favorites are a category of bookmark and by placing them in the favorites you can then opt to have them in a bar across the top of Safari for even easier access. 

A reading list is also a list of webpages, but ones you want to read and then close, not necessarily revisit. Also, with the Reading List you can read it offline as well.

Here’s more information: 

Bookmark webpages that you want to revisit in Safari on Mac

Add webpages to a Reading List

Thanks.