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In which of the following cards, the amount of dues from the card holder for each and every transaction debited to card holder account as soon as each transaction is notified to the issuer? - Commerce

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Question

In which of the following cards, the amount of dues from the card holder for each and every transaction debited to card holder account as soon as each transaction is notified to the issuer?

Options

  • Debit cards

  • Credit cards

  • Metro cards

  • Member cards

MCQ
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Solution

Debit cards

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Chapter 4: Banking - Latest Trends - QUESTIONS [Page 112]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 4 Banking - Latest Trends
QUESTIONS | Q 20. | Page 112
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