Multiple choice

Plastic money is related to:

  1. mutual funds and fixed deposits

  2. futures and options

  3. shares and debentures

  4. credit cards and debit cards
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Plastic money refers to credit cards and debit cards because these cards are typically made of plastic. Credit cards allow borrowing up to a limit, while debit cards directly access your bank account funds. Mutual funds, futures, options, shares, and debentures are financial instruments but not called plastic money.

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