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Methods of Payments

What does a d...

Question

What does a debit card allow you to do?

Avail loans

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Access your stocks

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Access your bank account

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Avail income tax rebates

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Solution

The correct option is C Access your bank account
A debit card allows us to make payments electronically. The payment is made from the deposit one has in one's bank account. One can even withdraw the money as cash by authenticating oneself at an automatic teller machine (ATM).

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