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Question
TRUE OR FALSE
A person can get a credit card by depositing money in the bank.
True or False
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Solution
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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