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Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer?.

Solutions for Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Statement 1: Credit cards are a type of revolving credit that allows users to borrow money up to a certain limit.Statement 2: Credit cards come with various features and benefits such as cashback, reward points, and travel benefits.Statement 3: Credit cards are typically offered to individuals with a good credit score and a stable income.a)Only statement 1 and 2 are true.b)Only statement 2 and 3 are true.c)Only statement 1 and 3 are true.d)All statements are true.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.