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Home › Bihar Board Class 12 (Commerce) › Business Studies › Emerging Modes of Business › A debit card allows purchases up to what limit?

A debit card allows purchases up to what limit?

AA fixed bank-set credit line
BThe balance in the linked account
CTen times monthly income
DAny amount without limit
Answer & Solution
Correct answer: B. The balance in the linked account
A debit card deducts the amount from the account at once, so spending is limited to the amount lying in the account.
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