Question : Which of the following is not a type of credit card?
Option 1: Debit card
Option 2: MasterCard
Option 3: Visa card
Option 4: American Express card
Answer (1)
22nd Jan, 2024
Correct Answer: Debit card
Solution : The correct answer is (a) Debit card.
A debit card is not a type of credit card. It is a payment card that allows the cardholder to make transactions by directly accessing the funds available in their bank account. When a debit card is used, the amount of the transaction is immediately deducted from the cardholder's bank account balance.
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