हिंदी

TRUE OR FALSE A person can get a credit card by depositing money in the bank. - Commerce

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प्रश्न

TRUE OR FALSE

A person can get a credit card by depositing money in the bank.

सत्य या असत्य
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उत्तर

This statement is false.

Explanation:

A credit card is issued by a bank based on the creditworthiness of the customer, not by depositing money in the bank.
However, in some cases, a secured credit card can be issued against a fixed deposit as security, but this is not the standard practice for regular credit cards.

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अध्याय 4: Banking - Latest Trends - QUESTIONS [पृष्ठ ११४]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 4 Banking - Latest Trends
QUESTIONS | Q 38. | पृष्ठ ११४
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