BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Credit Cards are a convenient substitute for which of the following?
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Cash
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Cheque
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Both A and B
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None of The Above
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Explanation:
Detailed explanation-1: -Credit Cards are a convenient substitute for Cash, Cheque.
Detailed explanation-2: -Share: Debit and credit cards are both used to pay for goods or services without paying in cash or writing a check. The difference between the two is where the money to pay for the purchase comes from.
Detailed explanation-3: -There are essentially two types of credit cards: general credit cards and retailer credit cards.
There is 1 question to complete.