Match the items of List-I with the items of List-II: List-IList-II (a) Debit Card (i) Stored value (b)…
A debit card enables online recovery of the payment amount from the linked bank account, while a credit card provides revolving credit. An electronic purse stores value for…
Choose your answer
Match the items of List-I with the items of List-II:
| List-I | List-II |
|---|---|
| (a) Debit Card | (i) Stored value |
| (b) Credit Card | (ii) Online recovery of amount |
| (c) Electronic Purse | (iii) Image Processing use |
| (d) Cheque function | (iv) Revolving Credit |
Answer and explanation
Correct answer C
A debit card enables online recovery of the payment amount from the linked bank account, while a credit card provides revolving credit. An electronic purse stores value for payments, and cheque processing can use images of cheques. Thus the matches are debit card–online recovery, credit card–revolving credit, electronic purse–stored value and cheque function–image processing.
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West Bengal SET (WB SET)