2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC
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SBI
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EnKash
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Axis
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Detailed explanation-1: -EnKash, a card focused Fin-tech startup, today has launched the EnKash “Freedom Card”, India’s FIRST Corporate Credit Card for SMEs / MSMEs and Startups.
Detailed explanation-2: -Central Bank of India was the first Bank to introduce credit cards in India.
Detailed explanation-3: -Credit cards 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.
Detailed explanation-4: -In India, Andhra Bank was the first to introduce credit cards in 1981.
Detailed explanation-5: -BankAmericard. Launched by Bank of America® as the first consumer credit card in 1958, BankAmericard was also the first card to offer revolving credit. In 1976, BankAmericard became known as Visa®-now a global corporation.