MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Consumer Preferences

Which of the ...

Question

Which of the following is known as plastic money?

A

demand draft

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

credit card

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

debit card

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

credit card and debit card

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
credit card and debit card

Option d) credit card and debit card. Premium Cards, Smart Cards, Charged Cards, and ATM cards are also considered as plastic money.

Suggest Corrections

thumbs-up

2

Similar questions

Q. Select the proper option from the options given below and rewrite the completed sentence:

Credit or debit cards are popularly known as ________ money.
(a) paper
(b) plastic
(c) polymer

Q. Which of the following is known as Plastic Money?
A. Demand Draft
B. Credit Card
C. Debit Card

Q. Which money market security is also known as zero coupon bond?

Q. As per the newspaper reports, the RBI is planning to introduce "Plastic Currency Notes". What is/are the benefits of "Plastic Notes"?
A. Their shelflife will be longer.
B. It will replace plastic money or credit, debit cards which are giving birth to many fraudulent practices.
C. Printing will be cheaper.

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to e-Business

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Consumer Preferences

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon