Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th

Briefly explain the term - Credit card. - Commerce

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Briefly explain the term - Credit card.

Solution

Banks issue credit cards to customers and other eligible persons. With this card, the holder can purchase goods and services on credit at any shop in India.

Concept: Electronic Banking Functions

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Chapter 12: Functions of Commercial banks - Exercise [Page 116]

Q II. 3.Q II. 2.Q II. 4.

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Tamil Nadu Board Samacheer Kalvi Class 11th Commerce Answers Guide

Chapter 12 Functions of Commercial banks
Exercise | Q II. 3. | Page 116

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Briefly explain the term - Credit card. - Commerce

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