Question

Which of the following is known as Plastic money ?
1. Demand Draft
2. Credit Card
3. Debit Card
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) All 1, 2 and 3

Answer 1

D) Both 2 and 3 is your answer.

Credit Card and Debit card are both plastic money.

Answer 2

Ciao..!

Option (d)

Credit and Debit cards are known as Plastic money.

Because they are not real money.

Demand drafts are used for sending money in form of cheque but not a cheque.

In short it is DD