BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Credit card
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ATM Card
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Mobile ATM
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Internet Banking Facility
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Detailed explanation-1: -Central Bank of India was the first Bank to introduce credit cards in India.
Detailed explanation-2: -In 1958, Bank of America launched the BankAmericard in Fresno, California, which would become the first successful recognizably modern credit card.
Detailed explanation-3: -In India, Andhra Bank was the first to introduce credit cards in 1981. However, the idea of keeping multiple cards is a relatively new trend.
Detailed explanation-4: -Credit cards in India The adoption towards credit cards was so slow that it took 15 years to reach 8, 000 Diners Card registered users in India. The Central Bank of India launched the first bank credit card in 1980, which was followed by Andhra Bank in the same year – both were of the Visa brand.