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Question

Which of the following refer to plastic money?

A
Credit card
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B
Demand draft
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C
Debit card
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D
Telegrahpic transfer
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Solution

The correct option is C Debit card
Modern forms of money include withdrawing money from one's bank account using a debit card in an ATM or using a credit card to purchase goods and services based on credit. Debit cards and credit cards are plastic cards with which we can access money, and these are collectively known as plastic money.

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