

McqMate
Q. |
"Smart Money" term is used for - |
A. | Credit Card |
B. | Internet Banking |
C. | eBanking |
D. | Cash with Public |
Answer» A. Credit Card | |
Explanation: Credit cards are sometimes considered as smart money since they enable transactions without the need for physical cash and that, too, in a convenient manner. It is plastic money that is used to pay for products andservices at over 20 million locations around the world. In pure economic terms, Smart Money refers to investments made by people experienced in matters of finance. |
View all MCQs in
Economics (GK)No comments yet