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Commerce · Q280

eCommerce

Graduate and Post Graduate · Commerce · question 280

Q280

Which one is also known as plastic money?

A.
Credit card
Answer
B.
Debit card
C.
Paper cash
D.
All of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Credit card is also known as plastic money. Credit Card is a small plastic card that is issued by financial institutions such as banks. As the name Credit when one buys using credit card, one is buying by taking loan.