हिंदी

State any three differences between a debit card and a credit card.

Advertisements
Advertisements

प्रश्न

State any three differences between a debit card and a credit card.

अंतर स्पष्ट करें
Advertisements

उत्तर

  Debit card Credit card
1. Money was deducted from your bank account. Banks issue borrowed funds.
2. Reduces the likelihood of debt accumulation. It is capable of accumulating debt.
3. No interest costs, save for annual payments. Interest rates and fees vary.
4. This type of card does not affect your credit score. Using this type of card may affect your credit score.
shaalaa.com
Differences Between Debit Card and Credit Card
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Banking - Latest Trends - EXERCISES [पृष्ठ ११०]

APPEARS IN

सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 4 Banking - Latest Trends
EXERCISES | Q IV. 18. | पृष्ठ ११०
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×