Multiple choice

Credit card is issued by

  1. Respective Bank or any Credit Authority

  2. Customer

  3. Anybody

  4. All of these

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Credit cards are issued by financial institutions including banks (like HDFC, ICICI, SBI) and specialized credit card companies or authorities (like American Express). Customers cannot issue their own credit cards, and 'anybody' is incorrect as credit requires approval and underwriting. The issuer extends a line of credit to the cardholder.

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