Multiple choice general knowledge

'Smart Money' is a term used for-

  1. Internet Banking

  2. FDRs in Banking

  3. Credit Cards

  4. Demand Drafts of Banks

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Smart Money refers to Credit Cards in banking terminology - it represents electronic spending power and cashless transactions. While the term has multiple meanings in finance (institutional investors, market wisdom), in basic banking context it's associated with Credit Cards as a form of electronic money.