Question

Which among the following can be called an electronic check ?
A. Debit card
B. Smart card
C. Credit card
D. None of the above

Answer 1

Which among the following can be called an electronic check ?

The Correct Answer will be :

A. Debit card

Explanation :

A debit card can be termed as an electronic cheque, as the check is the document that allows the withdrawal of the amount in the account. A debit card is an electronic chip, through which the amount present in the account can be withdrawn. Any person with the account holder's debit card and who knows the debit card's PIN, then he can withdraw money from the debit card through ATM or make purchases through the debit card. That's why a debit card is called an electronic cheque.

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Answer 2

Answer:

A. Debit card

Explanation:

A debit card CAN be termed as an digital cheque, because the test is the report that permits the withdrawal of the quantity withinside the account. A debit card is an digital chip, via which the quantity gift withinside the account may be withdrawn. Any character with the account holder's debit card and who is aware of the debit card's PIN, then he can withdraw cash from the debit card via ATM or make purchases via the debit card. That's why a debit card is known as an digital cheque.

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