Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th
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Briefly explain the term - Credit card. - Commerce

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Short Note

Briefly explain the term - Credit card.

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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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APPEARS IN

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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