GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Credit cards are of standard size and thickness and are embossed with the following details -
A
Validity date
B
Card number
C
Name of card holder
D
All of the above
Explanation: 

Detailed explanation-1: -The standard dimensions or size of credit card is as follows: Credit card has a height of 2.125 inches (i.e. 53.98 mm or 5.4 cm). It has a width of 3.370 inches (i.e. 85.60 mm or 8.5 cm). It has a thickness of about 0.030 inch (i.e. 0.76 mm or 0.076 cm).

Detailed explanation-2: -Credit cards are 3.375 inches wide by 2.125 inches high. This is the same size as a government-issued driver’s license. All credit card companies must comply with these standard dimensions. This ensures all cards are compatible with ATMs and point of sale devices.

Detailed explanation-3: -A credit card comes with a bank-approved credit limit. The credit amount must be paid back by the holder to the bank on the due date, which is mostly after 30 days of making the purchase. The limit on the credit card is decided by your bank, depending on your credit score and credit history. More items •17-Aug-2022

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