Discussion
A __ card is basically a payment mechanism which allows the holder of the card to make purchase without any immediate cash payment
Answer: B
Correct answer: CREDIT
A credit card lets the holder buy without paying at the time: the issuer settles with the merchant and bills the cardholder later, so the card is a short-term credit facility with a revolving limit and an interest-free period before the due date.
A debit card, by contrast, draws immediately on the holder's own account, so payment is not deferred at all. An ATM card is for cash withdrawal and account operation rather than merchant purchase, and a Kisan Credit Card is a specific agricultural credit product for farmers' input needs.
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