2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IndusInd Bank
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Axis Bank
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Kotak Mahindra Bank
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Karur Vysya Bank
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Detailed explanation-1: -Introducing India’s first interactive Credit Card-The IndusInd Bank Nexxt Credit Card.
Detailed explanation-2: -Central Bank of India was the first Bank to introduce credit cards in India.
Detailed explanation-3: -In 1966, BankAmericard went national to become the nation’s first licensed general-purpose credit card. It would be renamed Visa a decade later to acknowledge its growing international presence.
Detailed explanation-4: -Invented in 1950, the Diners Club card is known as the first modern-day credit card. The idea came from Frank McNamara, a businessman who’d forgotten his wallet while out to dinner in New York.
Detailed explanation-5: -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.