Question

Q. 3
What do you mean by credit card? What is the difference between
the saving account and fixed deposit account.
$100 - 150 words$
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Answer 1

Answer:

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A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company, that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.

Fixed Deposit Account is a kind of investment, where the money is deposited for a particular period of time (tenor) and the bank/financial institution pays interest on the money deposited. But unlike a savings account, the money cannot be withdrawn before the fixed tenure, or rather it should not

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Answer 2

Answer:

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Explanation:

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