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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence: Credit Or Debit Cards Are Popularly Known as ________ Money. - Organisation of Commerce and Management

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Question

Select the proper option from the options given below and rewrite the completed sentence:
Credit or debit cards are popularly known as ________ money.

Options

  • paper

  • plastic

  • polymer

MCQ
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Solution

Credit or debit cards are popularly known as plastic money.
Explanation:
Credit or debit cards are known as plastic money because of the following reasons:
1) They are made up of plastic.
2) They act as money; i.e., they can be used to make payments.

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Chapter 3: Emerging Modes of Business - Select the proper option [Page 96]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Emerging Modes of Business
Select the proper option | Q 8 | Page 96
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