Question :
“Smart money” term is used for:
Option 1:
credit card
Option 2:
internet banking
Option 3: e-banking
Option 4: cash with public
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Correct Answer:
credit card
Solution : The correct answer is the c redit card .
The term smart money refers to credit cards in general. Credit cards enable us to borrow money from a credit provider to pay for anything without using cash or savings in a bank account. Borrowing money has a limit (called a credit limit) and it must be paid back.
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