Question

Credit cards are a form of plastic money.

• A. True
• B. False

Answer 1

The correct option is A True

Credit card are electronic generated card that acts as plastic money at the time of buying of goods and services.Credit card is used to generate credit in the name of your bank account for the purpose of electronic payment. It acts a bank overdraft up to a certain limit which can be taken at the time of purchasing goods and services.