ICSE Class 10 Commerce 2023 Solved Papers
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Write any two differences between :
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Question : 20
Total: 39
Debit card and Credit card
Solution:
| Debit card | Credit card |
|---|---|
| (a) The account holder must have money in his account. | The balance in the account is not necessary. |
| (b) Debit card holder uses his own money. | Credit card holder is granted credit by the bank up to a specific limit, on which interest is payable. |
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