GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Credit cards are cards which are also known as
A
Card money
B
Plastic cards
C
Plastic cards full of money
D
All of the above
Explanation: 

Detailed explanation-1: -Credit card is also known as plastic money . Credit Card is a small plastic card that is issued by financial institutions such as banks.

Detailed explanation-2: -A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term plastic card includes the above and as an identity document.

Detailed explanation-3: -The cards were made of plastic, which was a new material at the time. Plastic money is also used to describe debit cards and prepaid credit cards.

There is 1 question to complete.