Which of the following is a form of "Small Savings Bank" popular among the poor or children?
A
Core Banking
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B
Credit Banking
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C
Debit Card
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D
Merchant Banking
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Solution
The correct option is A Debit Card Debit card is a form of "Small Savings Bank" popular among the poor or children. During transaction the payment is done directly from the user's account when an individual uses debit card during the payent process.