Home › CBSE Class 11 (Commerce) › Business Studies › Emerging Modes of Business › Which card lets the holder buy now and pay the i…
Which card lets the holder buy now and pay the issuing bank later?
ACredit card
BDebit card
CGift card
DSmart ID card
Answer & Solution
Correct answer: A. Credit card
A credit card allows purchase on credit, with the issuing bank paying the seller first.
Related questions
Which model describes consumers selling to other consumers online?Which model lets brands sell directly to end customers without retail intermediaries?E-commerce is the buying and selling of products and services over what?Which outsourced service does the NCERT text suggest firms can use for toll-free customer Which option lists newer forms of outsourcing arrangements?Which term means sending work to suppliers outside one's own country?Firms mainly outsource to cut which kind of expenses?Which benefit can outsourcing give even when nothing is moved abroad?