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_________Bank introduced the first credit card in India.

  • A.Union Bank of India
  • B.UTI Bank
  • C.Axis Bank
  • D.Central Bank of India

Answer: D

Correct answer: Central Bank of India

Central Bank of India introduced the first credit card in India, the Central Card, in 1980. Note that UTI Bank and Axis Bank in the option list are the same bank under two names - UTI Bank was renamed Axis Bank in 2007.

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