Credit & Debit Card MCQ
Q.136. What is a credit card? A plastic card which a. Containsidentificationinformation b. Authorisesnamedperson to chargepurchases/services c. Charges for which person will be billed periodically d. Allabove Q.137. Identification informations on credit card can be read by? a) ATMs b) Pointof Sales Terminals c) Both(a) +(b) d) Branch Manager Q.138. The concept behind a credit card is - a. Usenow, debit later b. Buy now, pay later , c. Pay now, get credit later (d) Lend now and do not reimburse Q.139. Which are the main issuers of credit cards in the world and in India? (a) Visaand Master Card (b) Amexand Intenational (c) RTGSand NSS (d) Visa, Master and Amex cards Q.140. Features of credit card is/are (a) Key to opening of bank accounts for daily payments (b) Substitute of cash (c) Issuingbank/financialinstitutionknowsthecreditworthnewofcustomer d) Allabove Q.141. Credit card has ...
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