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Business Studies

Consumer Preferences

Which of the ...

Question

Which of the following is known as plastic money?

A

demand draft

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B

credit card

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C

debit card

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D

credit card and debit card

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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.

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